MediaCityUK growth ambitions boosted by new £292.5m loan deal

Plans for the expansion of MediaCityUK over the next decade have received a major boost with the announcement of a new five-year banking facility. Peel Media and its joint venture partner at MediaCityUK, Legal & General Capital, have secured a £292.5m loan facility from three banks: Helaba; Industrial and Commercial Bank of China, London Branch; and Sumitomo Banking Mitsui Banking Corporation Europe. Helaba was advised by Taylor Wessing, while MediaCityUK was advised by Addleshaw Goddard's corporate banking team, led by Mar... You can carry on reading for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...