Grosvenor has refinanced a £552 million (€652 million/$729 million) tranche of its £1.1 billion (€1.3 billion/$1.45 billion) syndicated unsecured multi-currency revolving credit facility (RCF).
The transaction, completed in June 2024, means that the full £1.1 (€1.3 billion/$1.45 billion) RCF, originally signed in 2021, has been refinanced in the past year, securing Grosvenor’s medium term committed back-up liquidity to support its international urban property business.
Intended for general corporate purposes, it will further enhance the organization’s capacity to respond to opportunities, shifts in the markets and other priorities such as the busines