A London-based private banking firm has signed up as sole financial adviser to a ‘Best of Hollywood meets Best of British’ Disneyland-style resort planned in Kent.
Kleinwort Benson Bank has been named as sole financial adviser to London Resort Company Holdings (LRCH), the developers behind London Paramount.
An image of what London Paramount could look like
The entertainment resort, earmarked for the Swanscombe Peninsula is due to open in 2020, subject to planning permission being granted by the Secretary of State for Communities and Local Government.
Kleinwort Benson will oversee debt and equity fundraising of £3.2bn on behalf of LRCH, a subsidiary of Kuwaiti European Holdings Company.
The 700 acre site is the first major leisure scheme designated a nationally significant infrastructure project (NSIP) by the UK government.
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Read six things you need to know about London Paramount here.
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