Cases & Deals

Prudential Capital provides £95 million financing for acquisition of leasehold property in London

Client(s) Prudential Capital plc

Jones Day advised Prudential Capital plc in connection with its participation in a £95 million three year senior loan provided to a joint venture subsidiary of Tribeca Holdings and Pramerica in connection with the acquisition of 431 - 451 Oxford Street in London, a 58,608 sq ft mixed-use leasehold property located opposite Selfridge's. Crédit Agricole CIB acted as arranger and underwriter in connection with the senior financing.