Supermarket Income REIT secures £90m debt refinancing to simplify borrowing structure

  • Supermarket Income REIT PLC (LSEUPR, OTCUPIF) has completed a £90 million refinancing deal that will replace two near-term maturing loans and streamline the trust's borrowing arrangements. The London-listed investor in grocery-led property said the new three-year facility, provided by Barclays, is unsecured and carries an interest margin of 1.55% over the Sterling Overnight Index Average (SONIA).