Russian property developer Mirax Group said on Thursday that it has completed the refinancing of $180 mln (EUR 143 mln) of Credit Linked Notes which were issued in March 2007 and were due for a put option on March 20, 2009. The new restructuring terms are virtually identical to the terms used by Mirax to restructure $265 mln of a Credit Suisse facility last month.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
