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BayernLB London completes refinancing for British Land / Tesco Joint Venture

BayernLB has completed the £185m refinancing for BLT Properties Limited that owns eight Tesco superstores and one retail park anchored by a Tesco superstore. The new £185m seven year term loan was fully underwritten by BayernLB and was used to repay BLT Properties existing loan facility at its maturity. …

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