08:41 AM EST, 12/10/2024 (MT Newswires) -- Apollo Global Management ( APO ) funds have completed a 610 million pounds ($778 million) loan to Canary Wharf Group, intended to repay bonds due in April 2025 and April 2026, Canary Wharf Group said Tuesday.

The company said it secured the loan against most of its retail portfolio, which is currently 97% occupied.

Over the past year, Canary Wharf Group said it has refinanced over 2 billion pounds and repositioned its balance sheet such that there are no material refinancings until 2028 and no significant office refinancing requirements until late 2029.