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Brookfield Refinances Petro Canada Centre
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TORONTO (AP) — Real estate investment trust Brookfield Properties Corp. said Tuesday it completed refinancing of its Petro-Canada Centre in Canada.
The office complex in downtown Calgary was refinanced with $370 million, five-year mortgage bonds issued by Brookfield subsidiary PCC Properties and its joint-venture partner, Brookfield said.
The financing was completed at a fixed rate of 6.379 percent, repaying an existing $300 million bridge facility that was completed in October of last year. ...
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