Big Yellow Obtains $582 Million Loan for Expansion

U.K. self-storage giant Big Yellow Group PLC obtained a £325 million ($582 million) loan from HSH Nordbank to add more than 20 facilites.

U.K. self-storage giant Big Yellow Group PLC obtained a £325 million ($582 million) loan from HSH Nordbank AG, Bloomberg reported. The London-based storage company plans to add more than 20 sites in the United Kingdom. The new loan will be for five years and replaces one provided by Royal Bank of Scotland Group PLC, due to expire in 2010. For more information, visit www.bigyellow.co.uk 

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