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Fibra Macquarie Mexico gets new $90 million five-year revolver
By Wendy Van Sickle
Columbus, Ohio, June 29 – Fibra Macquarie Mexico completed a $90 million unsecured credit facility with BBVA Mexico, according to a company news release.
The revolver bears interest at 30-day SOFR plus a margin of 140 basis points and has a term expiring on June 28, 2027.
The company planned to draw $50 million at closing with proceeds earmarked to repay drawings under an existing revolver and for general corporate purposes.
The company said it intends to add sustainability-linked targets to the facility.
Fibra Macquarie Mexico is a Mexico City-based real estate investment trust targeting industrial, retail and office real estate opportunities.
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