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IN BRIEF: AEW UK REIT Gets More Flexibility From Loan Facility

Wed, 24th Jun 2020 12:48

AEW UK REIT PLC - Commercial-focused real estate investment trust - Amends loan facility allowing company to make loan repayments and redraw amounts under the facility, similar to a revolving credit facility. AEW can now repay any amount at any time without transaction fees, but commitment fees will be charged on any repaid loan amounts. All other key terms remain unchanged.

Current stock price: 70.12 pence

Year-to-date change: down 30%

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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