January 19, 2017 / 9:33 PM / 3 years ago

BRIEF-Paramount completes $975 million refinancing of One Market Plaza

Jan 19 (Reuters) - Paramount Group Inc -

* Paramount completes $975 million refinancing of One Market Plaza

* New seven-year interest-only loan matures in January 2024 and has a fixed rate of 4.03%.

* Net proceeds from refinancing were used to repay existing $873 million loan that bears interest at 6.12% scheduled to mature in Dec 2019 Source text for Eikon: Further company coverage:

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