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Metrocentre secures £70 million refinancing

The agreement comprises a £50 million term loan and a £20 million revolving credit facility
The recapitalisation will complete on Tuesday 18 November. (CoStar)
The recapitalisation will complete on Tuesday 18 November. (CoStar)
CoStar News
November 17, 2025 | 10:30 AM

Metrocentre, the Gateshead super prime retail and leisure destination, has secured a £70 million refinancing with Lloyds in a move that will lower its cost of capital and provide more runway for capital expenditure and working capital requirements.

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News | Metrocentre secures £70 million refinancing