In its latest Monetary Policy Committee meeting, the Bank of England voted to cut the Bank Rate to 4.5pc ...

Since the end of the Q4 the company has executed a $150M floating-to-fixed rate swap, effective January 2, with a 2-year term, and a swap fixed rate of 2.5%. The Company bought down the rate for a ...

Armada Hoffler (NYSE: AHH) announced strategic steps in reducing exposure to variable rate debt as the company continues to execute its balance sheet management strategy. Since the end of the third ...

A number of leading lenders, including the Halifax and Barclays, have already introduced reductions recently and there are expectations of more to come.

Key actions include executing a $150 million floating-to-fixed rate swap, which effectively hedges the company's variable rate debt, and repaying $45.6 million of secured variable-rate debt with a ...

Since the end of the third quarter of 2024, the Company has: Executed a $150 million floating-to-fixed rate swap, effective January 2, 2025, with a 2-year term, and a swap fixed rate of 2.5%.