WHITBREAD PLC TRANSFERRED 16 LEASEHOLD LIABILITIES TO SPS, WITH A TOTAL LIABILITY OF OVER £42 MILLION.
TRANSACTION COMPLETED IN SEPTEMBER 2015
“We are confident that we will be able to get these liabilities away for Whitbread, as we have done for numerous other proactive blue chip counterparties, and in doing so help them clean up their balance sheet and continue to focus on their core property business”.
Adam Foster, Director of SPS