FrontView REIT Locks in $200 Million Loan at Fixed Rate
MT Newswires Live03-04
FrontView REIT (FVR) said Tuesday that its entire $200 million term loan is now fixed at a 3.66% three-year swap rate, resulting in an all-in borrowing rate of 4.96%.
Co-CEO Stephen Preston said the the company made the move to mitigate potential interest-rate risk and that FrontView remains focused on accretive investments.
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