Centrus advises Peel Group on the refinance of its strategic land divisions, Peel Land and Peel Waters

Transaction overview

Established in 1973, The Peel Group is a leading British real estate and infrastructure investor with a long-track record of delivering large-scale regeneration projects primarily across the North of England.

Assets under management include:

• 13 million sqft of real assets
• 3,000 acres of land and water

As one of the major developers in the UK, Peel’s focus on urban regeneration has delivered several transformation projects across the UK including MediaCity and TraffordCity.

Centrus was retained as exclusive financial advisor to Peel Group in connection to the refinance of its two distinct strategic land businesses – Peel Land and Peel Waters.

This refinance will support continued regeneration efforts and deliver enabling infrastructure across core sites.

Centrus’ solution

• Comprehensive debt advisory exercise, including strategic review of refinancing options prior to approaching the market.
• Development of a detailed financial model aligned with the Group’s business plan.
• Competitive market engagement to negotiate optimal terms across a club of banks.

Key benefits as part of the refinancing:

• Streamlined operating and reporting requirements, better aligning with Peel’s divisional operating model.
• More efficient security structure, removing cross-collateralisation between facilities.

“We are delighted to have advised Peel Group on this strategic refinancing for Peel Land and Peel Waters. This refinancing simplifies Peel Land and Property’s debt facilities while delivering real benefits from an operating perspective, allowing Peel Group to deliver on their objectives over the coming years.”

Scott Douglas, Senior Director and Head of Debt Advisory Group – Centrus

“The Centrus team worked hard throughout our refinance project, providing solid support and valuable guidance. Their expertise, excellent project management and strategic advice helped us secure improved terms and deliver a successful outcome which positions us well for future growth.”

Elise Mannix​​​​, Associate Director, Corporate Development – Peel Group

For more information, please contact Scott Douglas, Senior Director or Ella Boomer, Assistant Director.

Back to Credentials

• 
• 
•