Outdoor media infrastructure owner Wildstone has completed a £350m infrastructure refinancing with Deutsche Bank as underwriter and MEAG, Lloyds, Natixis and M&G as mandated lead arrangers.
The transaction enables Wildstone to refinance its existing debt and fund the next stage of its growth across the UK and Europe.
The company said the new flexible debt facility would unlock its ability to further digitally enhance existing sites and invest in other capital upgrades across its portfolio.
Damian Cox, CEO and founder of Wildstone, said: “Completing a refinancing of this magnitude in today’s market is testament to the quality of our estate, our people and most importantly our partner tenants. This industry-first debt facility will enable us to further expand our portfolio across Europe, aggressively scale our industry-transforming digitisation efforts and increase our operational flexibility.”
