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IN BRIEF: PRS REIT Secures Further GBP50 Million Of Debt Facilities

29th Sep 2020 18:34

PRS REIT PLC - real estate investment trust in private rented sector - Says additional GBP50 million of development debt facilities have been approved with Barclays Bank PLC. This takes PRS's overall debt facilities to GBP450 million. "The additional development debt facilities will enable the company to accelerate the delivery of the balance of its development sites as it moves towards completion of its initial portfolio," says PRS.

Current stock price: 80.40 pence

Year-to-date change: down 13%

By Lucy Heming; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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Prs Reit
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