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Sovereign Wealth Funds Briefing - Categorized | Financials

GIC’s GBP60mln Chiswick Park loan

Posted on 21 March 2011

GIC, the sovereign wealth fund of Singapore, has agreed to provide a £60m junior loan for Blackstone’s £480m purchase of Chiswick Park in west London.
GIC has provided the junior debt for the transaction as part of its new lending tie-up with Deutsche Bank, which is providing a £300m senior loan. The deal will complete early next week……………………………………….Full Article: Source


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