Centuria Capital Unit Receives AU$100 Million Senior Secured Commitment From UBS

MT Newswires Live
01-13

Centuria Capital Group's (ASX:CNI) real estate finance division, Centuria Bass Credit, received a AU$100 million senior secured commitment from investment bank UBS, increasing its debt warehouse facility to around AU$285 million, according to a Monday filing with the Australian bourse.

Centuria Bass increased its assets under management by 45% year-on-year to AU$2.3 billion, the filing said.

Centuria Capital Group's shares fell nearly 2% in morning trade Monday.

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