Helaba finances two Tritax Big Box assets
Helaba has provided two loans to Tritax Big Box held against UK logistics assets. The two five-year loans combine to £18.66m and have an overall loan-to-value of 39.3%. As a result of the deals the company’s blended margin payable across its financings is 1.75% above LIBOR and it has a gearing level of 38.4%. The […]