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Roadside Real Estate to Sell Cambridge Sleep Sciences Loan Note for GBP4.5 Million

MT Newswires·09/28/2026 05:49:15
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05:49 AM EDT, 09/28/2026 (MT Newswires) -- Roadside Real Estate (ROAD.L) struck a 4.5 million-pound-sterling cash deal to divest a loan note issued by UK-based sleep technology company Cambridge Sleep Sciences, or CSS. The buyer, CGV Ventures 1 Ltd, will pay the outstanding principal amount of 2.8 million pounds, along with 1.2 million pounds in accumulated interest and 500,000 pounds in redemption premium for future interest. The London-listed real estate company said Monday it expects to receive the full payment by year-end and will use the funds to support its balance sheet and growth plans. Roadside will retain a stake in CSS, with an option to sell it for 20 million pounds between Sept. 1, 2027, and Sept. 30, 2027.