ICBC contributes to a £23.855 million GBP syndicated loan to JMKA Investments for unspecified purposes

Project narrative

On or around March 7, 2018, the London Branch of the Industrial and Commercial Bank of China (ICBC) entered into a £23,855,000 GBP syndicated facility agreement with JMKA Investments Limited — a Scotland-registered privately-held real estate company — and JMKA Investments 1 LP — a Scotland-registered limited partnership with JMKA Investments Limited as its general partner — for unspecified purposes. This loan was secured by (i.e. collateralized against) a first legal mortgage on all estates or interests in any freehold or lease property owned by JMKA Investments Limited, a first fixed charge on all estates or interests in any freehold or leasehold property now or subsequently owned by it, namely a freehold property known as Sainsbury's Maypole Lane Birmingham registered at the Scottish Land Registry under title number WM783282, a freehold property known as 37 Maypole Lane, Birmingham B14 5JT and registered at the Scottish Land Registry under title number WM583652, and a freehold property known as 45 Maypole Lane, Birmingham B14 5JT and registered at the Land Registry under title number WM560928, a first fixed charge on its interest in all its investments (all shares, stocks, debentures, bonds, or other securities or investments owned by JMKA Investments or held by any nominee or trustee on its behalf), a first fixed charge on all of its rights to any account and any amount standing to the credit and debt represented by and of any account other than a general account, a fixed first charge on all its rights in respect of the general account, any amount standing to the credit of the general account, and the debt represented by it, a first fixed charge on all its rights in respect of any account it has with any other person other than the above and the credit to each and the debt represented by it, a fixed fixed charge on all its subordinated debt, all its book and other debt, all other monies due and owed to it, and the benefit of all rights in relation to those items, an assignment of all its right under any contract or policy of insurance taken out by it or on behalf of it and a first fixed charge on all its insurance rights, an assign of all its right under any hedging agreements, an assignment of all its right under each lease document, in respect of all rental income, under any guarantee of rental income contained in or relating to any lease document, under each relevant contract, and under any document, agreement, or instrument to which it and any nominee or trustee is party in respect of an investment, a first fixed charge of all its right under any other document, agreement, or instrument to which it is a party to, a first fixed charge on its goodwill, the benefit of any authorization held in connection with its use of any security asset, the right to recover and receive compensation which may be payable to it in respect of any authorization, its uncalled capital, the benefit of all rights in relation to any of those items, a first floating charge on all its assets not otherwise effectively mortgaged, charged, or assigned by way of fixed mortgage, fixed charge, or assignment, including all assets situated in Scotland or otherwise governed by Scots law as charged by JMKA Investments Limited in favor of the London Branch of ICBC in a security agreement dated March 7, 2018 and charged by JMKA Investments 1 LP in a security agreement dated March 7, 2018 and a floating charge on the whole of the property and undertaking (including uncalled capital) of JMKA Investments Limited as charged by JMKA Investments Limited in a bond and floating dated March 7, 2018.