General Growth Properties Inc. (GGP) U.S. Bank and RBC Capital Markets announced that they have closed on a $1.5 billion secured, term loan that will refinance 16 of GGP's existing properties in the United States.
U.S. Bank acted as joint-lead arranger, joint bookrunner and administrative agent on the transaction, while RBC Capital Markets served as joint-lead arranger, joint bookrunner and syndication agent.
The loan was originated out of U.S. Bank's commercial real estate office in Chicago.
For comments and feedback: editorial@rttnews.com