Sirius Real Estate Ltd - London and Johannesburg-listed property investor - Completes the early refinancing of its €58.3 million facility with Deutsche Pfandbriefbank AG, seven months before it was due to expire. The refinancing comprises a new seven-year, €58.3 million facility with an all-in fixed interest rate of 4.25%, which will replace and redeem the existing facility upon its expiry on December 31, 2023 and will run until December 2030.

As at March 31, Sirius Real Estate had a total of €975.1 million in outstanding debt, €735.0 million of which is unsecured. The remaining €240.1 million comprises mortgage-backed debt.

Current stock price in London: 79.20 pence, up 0.8% on Tuesday

12-month change: down 32%

Current stock price in Johannesburg: R 19.20, up 2.5%

12-month change: down 16%

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