PPHE Hotel Group Refinances London Property Via New GBP88 Million Facility

04:56 AM EST, 12/16/2025 (MT Newswires) -- PPHE Hotel Group (PPH.L) agreed to refinance the Park Plaza Victoria London hotel with a new five-year facility totaling 88 million pounds sterling, bearing a floating interest rate. The new financing was arranged by Santander UK and ABN Amro, replacing an existing facility with Barings maturing in the first quarter of 2026, according to a Tuesday filing. The funding is expected to become effective on Thursday, subject to certain conditions.