Rothesay, L&G and AIG line up £900m for Secure Income REIT
Rothesay Life, Legal & General and AIG are the frontrunners to lend close to £900m to Secure Income REIT so it can refinance the REIT's leisure and private hospital assets. Rothesay is believed to have agreed a 10-year facility of at least £350m secured on SIR’s six leisure assets, which include Alton Towers theme park and Warwick Castle. L&G and AIG will lend at least £225m each for terms over 10 years to refinance the REIT's 20 private hospital assets.