Terra Firma's Deutsche Annington secures refinancings

Societe Generale leads a €180 million debt refinancing on two of the German real estate group’s property portfolios

Deutsche Annington has secured a €180 million refinancing for a brace of property portfolios, less than two months after the Terra Firma-backed German residential real estate group launched a €575 million initial public offering.

Societe Generale acted as the lead arranger, facility and security agent and hedge provider for the refinancing of two portfolios of German multi-family properties owned by subsidiaries of Deutsche Annington, according to a statement from the French bank seen by Financial News.

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