SUPR completes comprehensive debt refinancing

Sainsbury's Hull

We are pleased to announce that SUPR has completed a comprehensive debt refinancing. 
  
The debt refinancing exercise involved the cancellation of two shorter-dated debt facilities, the reduction and extension of an existing debt facility and the completion of a new £67m unsecured debt facility with new lender SMBC Group. 
  
Ben Green, Principal of Atrato Group, commented: 
  
“We are very pleased to be working with new lender SMBC in the refinancing of the SUPR’s debt facilities whilst benefitting from the continuing support of the existing relationship banks. Hedging has also been extended, further protecting SUPR’s balance sheet at no additional cost.”

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