Summary
CITy offices developer Minerva today silenced its doubters by securing refinancing on its Pounds 750 million debt pile, helping to safeguard the future of projects including the Walbrook building opposite Cannon Street station and the St Botolph's development near Aldgate.
Shares in Minerva have fallen by 65% over the past year as investors feared it could breach banking covenants, but its lenders today agreed terms after months of negotiations.See the full content of this document
Extract
Minerva's Victory On Debt
The firm is facing revi...
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