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"Hammerson plc announces the successful syndication and signing of a £505 million five-year revolving credit facility. The facility carries a margin of 150 basis points over LIBOR. It will be used for general corporate purposes.
"Following this, the total medium-term committed financing available to Hammerson is approximately £2.7 billion. Simon Melliss, Chief Financial Officer of Hammerson, said:
"I am delighted with the excellent response we have received from our bankers for this facility, which provides flexibility going forward."