HSBC agrees £605m deal for iconic Square Mile skyscraper

Property investment giant CC Land Holdings has struck a £605m refinancing deal for one of London's tallest buildings, the iconic ‘Cheesegrater', in an agreement co-ordinated by HSBC. Officially named The Leadenhall Building, the 225-metre-tall skyscraper was purchased by Hong Kong-headquartered CC Land in 2017 for £1.15bn. “The refinancing incorporates international support from HSBC UK, The Hongkong and Shanghai Banking Corporation Limited, Bank of China (Hong Kong), UBS AG, Hang Seng Bank and The Bank of East Asia,” the company said.

City A.M.