French trio back Altarea retail with €854m mega loan

Three French banks have taken part in the country’s largest financing of 2015 so far, providing a mega €854m joint debt package for Altarea’s refinancing of a 17-asset retail portfolio, Real Estate Capital can reveal. Crédit Agricole CIB and Natixis co-arranged the loan, each taking a 43% participation equal to €367m. Crédit Mutuel took a 14% share of €119.5m.