Supermarket Income REIT plc announced that the Company has arranged a new £412.1 million unsecured credit facility with a bank syndicate comprising Barclays, Royal Bank of Canada, Wells Fargo and Royal Bank of Scotland International. This is the first time the Company has accessed unsecured debt financing. The new unsecured facility consists of three tranches: £250.0 million five year revolving credit facility (with two further one year extension options, up to a maximum term of seven years); £100.0 million three year term loan (with two further one year extension options, up to a maximum term of five years); and a £62.1 million eighteen month term loan (with one further 18 month extension option, up to a maximum term of three years).

The new unsecured facility has a margin of 1.5% over SONIA and a weighted average term of 6 years. The new unsecured facility will be used in part to refinance £255.0 million of existing secured commitments in addition to providing further debt capital to continue to fund the growth of the Company.