IN BRIEF: Savills completes refinancing of bridge loan for acquisition
21st Oct 2026 11:09
Savills PLC - London-based real estate services provider - Completes refinancing of the bridge loan facility that Savills took out to fund its GBP827 million acquisition of Eastdil Secured Holdings LLC in March. Savills agrees to issue USD350 million in new unsecured fixed-rate private placement notes. The dollar-denominated notes have 3, 5, 7 and 10-year maturities and the same financial covenants as Savills's other unsecured debt. They are placed with six institutional investors, whom Savills doesn't name. Three are new lenders to Savills. Read More