Shaftesbury, the FTSE 250-listed real estate investment trust, has entered into a new five-year revolving credit facility with Lloyds Bank. The £125m loan replaces the existing one of the same value which was due to expire in April 2016. The weighted average maturity of the group's debt at November 30th 2013 increased from 5.6 years to 6.2 years.The transaction was made to strengthen Shaftesbury's financial base by improving the maturity profile of its debt and diversifying the sources of finance, it explained.NR