Macquarie provides £142.5 million loan to a portfolio of leased pubs in the UK
03 Mar 2014
Macquarie provided a £142.5 million loan to a portfolio of 134 freehold pubs owned by funds controlled by Cerberus. The pubs are on long-term, upward-only leases to two large pub groups.
The transaction was completed in a three week expedited time frame, demonstrating Macquarie's speed of execution. This was made possible by our deep understanding of the sector.
This was Macquarie's second pub financing transaction completed in 2014.