I am also invested in SKI which is rated A- (at asset level). They refiananced 600M at a margin of 275 2months ago.
Brookfield is also rated A-/stable
Sure A-grade office isnt quite the same as eletricity distribution assets in metro Melbourne and metro Adelaide but given the quality of tenants and long leases (WALE 9yrs) I strongly think multiplex can refi much lower than 390 margin.
MXG Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
