AIG to loan £900m in to Camden Markets owner

American insurer AIG is to loan £900m in to Market Tech Holding, the owner of Camden Markets, after it posted a 15% hike in value of its estate last month.

The company, which has unified all Camden markets under one brand, is attempting to bring digital marketing and online revenue tracking to the tourist destination.

The 10-year secured debt facility features a committed £300m term loan which will be drawn down immediately.

A further £100m of the debt facility is available in May 2016 with £50m, subject to conditions, accessible in December 2017.

The 14-acre estate was last week valued at £866.7m.