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Pricoa enters European senior lending with maiden £70m UK loan

Pricoa Mortgage Capital, the commercial mortgage lending business of Prudential Financial, has closed its maiden UK commercial property loan, a £70m refinancing for O&H Group over an 11-year term, with ambitions to lend £325m this year.
By James Wallace
June 25, 2012 | 7:41 P.M.

The debut UK property loan is secured by a five-strong portfolio, comprised of four multi-tenanted office properties in central London and a grocery-anchored retail property in Bath.

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