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RBS Royal Bank of Scotland Group PLC

3.09
0.00 (0.00%)
13 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Royal Bank of Scotland Group PLC NYSE:RBS NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 3.09 0 01:00:00

Circle Property Gets GBP50 Million Loan from RBS

27/06/2016 12:46pm

Dow Jones News


Royal Bank of Scotland (NYSE:RBS)
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LONDON--Circle Property PLC (CRC.LN) Monday said it has received a 50 million pounds ($73 million) loan from the Royal Bank of Scotland (RBS.LN) to refinance the Circle Property Unit Trust loans of GBP39 million.

The specialist regional U.K. property investment, development and management company said the facility will also be used to provide capital for further acquisitions.

The loan has a three-year term, with two options to extend for a further year, the company said.

Shares at 1115 GMT unchanged at 148 pence valuing the company at GBP42 million.

 

Write to Olga Cotaga at olga.cotaga@wsj.com, Twitter @OlgaCotaga

 

(END) Dow Jones Newswires

June 27, 2016 07:31 ET (11:31 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.

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