KRG » Topics » Aggressively Refinancing Debt - CONFIDENT about Execution

This excerpt taken from the KRG 8-K filed Jan 14, 2008.

Aggressively Refinancing Debt – CONFIDENT about Execution

2008 Maturities: $118 million

$109.4 million construction/land loans

$8.6 million other variable and mini-perm loans

Executed or negotiating refinancing of debt

$37 million refinanced for 12 to 24 months

$81 million in final negotiations with terms consistent with previous loans

Hedging to maturity for accretive spread and maximum flexibility




For the Three Months Ended September 30, 2007



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