MEPC To Refinance Opera Finance CMBS Loan

01 Jul 2011

U.K. property developer MEPC will fully refinance its £470 million ($752.4 million) loan securitized in the Opera Finance (MEPC) commercial mortgage-backed securitization later this month, a year ahead of the July 2012 loan maturity date.

—Hugh Leask

U.K. property developer MEPC will fully refinance its £470 million ($752.4 million) loan securitized in the Opera Finance (MEPC) commercial mortgage-backed securitization later this month, a year ahead of the July 2012 loan maturity date.

MEPC said Friday morning it plans to make a £168 million ($268.9 million) ...

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