Logistic Properties Of The Americas Refinances Two Logistics Parks In Costa Rica And Peru; Refinances $120M Of Its Mortgage
Portfolio Pulse from Benzinga Newsdesk
Logistic Properties Of The Americas (LPA) has refinanced two logistics parks in Costa Rica and Peru, amounting to $120 million of its mortgage.
May 16, 2024 | 8:16 pm
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Logistic Properties Of The Americas (LPA) has successfully refinanced $120 million of its mortgage for two logistics parks located in Costa Rica and Peru. This move could improve the company's financial stability and liquidity.
Refinancing $120 million of its mortgage can enhance LPA's financial stability and liquidity, which is likely to be viewed positively by investors. This could lead to a short-term increase in the stock price.
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