Login

Chalkhill Partners prices £107m secured bond for Avenue Capital affiliates

Chalkhill Partners, the boutique investment bank, has priced a £107.26m five-year secured floating rate bond financing affiliates of Avenue Capital Group’s on its acquisition of four UK student accommodation blocks.
By James Wallace
August 22, 2014 | 7:42 P.M.

The £107.26m bond, issued through AYR Issuer S.A., has a closing LTV of 60%, net of a £3m prefunded six-month interest reserve retained by the issuer.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In