Conygar

Investor: Barclays

Property investment and development group Conygar has completed a significant restructuring of its debt facility with Barclays, securing an updated agreement to bolster support for its Nottingham-based assets. Summary of transaction details: Value: £38.8 million Sector: Real Estate Advisor: Not specified Key Entities: Conygar (Target), Barclays (Lender) Location: Nottingham, UK Note: This restructuring provides Conygar with additional headroom, extending the repayment deadline to March 31, 2027, and capping the loan-to-value covenant at 60%, ensuring continued strategic support for The Island Quarter development.