Barclays services £l30m Queensgate offices debt

摘要

Barclays has taken on £130m of senior debt from DRC Capital and Cheyne Capital secured against Queensgate Investments' Executive Offices Group. Queensgate Investments Fund I bought the serviced offices provider in September using a £170m loan from the pair. The original lenders will now retain 50% each of the £40m of junior debt from the portfolio.