Top Philadelphia Stories
PREIT Hedges Rates on $370M of Future Debt
By Marita ThomasPHILADELPHIA-Pennsylvania Real Estate Investment Trust locks in a blended 10-year swap rate on $120 million, starting in 2007 at nearly 4.7%, and another on $250 million, starting in 2008, at just over 4.8%.
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