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Cheyne issues £101.62m CityPoint mezz note

Cheyne Capital Management has repackaged a £101.62m mezzanine strip secured by CityPoint Tower as a listed, commercial mortgage-backed fixed-rate note following Brookfield’s £557.54m acquisition of the City of London skyscraper at the end of last year.
By James Buckley
February 27, 2017 | 8:00 P.M.

Cheyne has issued the note, priced at 8.25% per annum, due 15 December 2026 but with an expected maturity date of 15 December 2021.

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