July 15, 2021 |
Mexican real estate investment trust (REIT) Fibra Mty said it added $115 million to dollar-denominated 2027 bonds in the local market, making all of its debt unsecured for the first time since its initial public offering (IPO) in 2014.
Monterrey-based Fibra Mty priced the tap at 3.73%, it said in a press release on Tuesday. It first issued $100 million in 2027 Cebures, as the bonds are called, at 4.6% in October last year.
The REIT said it will use the proceeds to pay back a $110 million syndica
Mexican REIT raises $115 mln to pay off a syndicated loan from seven banks