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Rent secures refinancing

Language: English Series: Estates Gazette ; (9237) 19 September 1992, 55(1)Publication details: 1992Subject(s): Summary: Barings has refinanced the former Times building in Gray`s Inn Road with a novel technique, securitising the lease. The structure resembles self-amortising debenture which is serviced by the rental stream.

Barings has refinanced the former Times building in Gray`s Inn Road with a novel technique, securitising the lease. The structure resembles self-amortising debenture which is serviced by the rental stream.