Fibra Macquarie refinances real estate debt

Fibra Macquarie refinances real estate debt

Loans Corporate & Sovereign Strategy Debt Mexico

Fibra Macquarie has signed a new $500m debt package, split between a five-year, $425m unsecured credit facility and a 15-year, $75m secured loan, to refinance short term debt from real estate investments in Mexico. The five-year facility is divided into a $180m term loan and a $245m revolving credit facility. The revolver, in turn, includes $180m in dollars and MXN1.26bn ($65.5m) in pesos, the Mexico City-based real estate investment trust said in a press release. The term loan pays 250bp over

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