Case Study
Grainger
Grainger PLC Centrus was appointed by Grainger Plc – the UK’s largest listed residential property owner and manager – to provide advice and support in closing the refinancing of an existing bank facility and ancillary interest rate hedging for the Grainger Invest property portfolio. The new £150m facility replaced an existing £120m facility achieving an 85bps margin reduction. The structure also enabled pricing benefits to be realised in