United Hampshire US REIT enters interest rate swaps

Submitted By:  Clarist Zablan Case Study:  No The fixed rate was lower than expected following the US Fed rate cuts. United Hampshire US REIT has entered into interest rate swaps to hedge the floating rate of its term loan facilities into fixed rates, the company announced. The fixed rate of the interest rate swaps was lower than previously assumed, due to the decline in underlying swap rates recently following market volatility and the U.S. Federal Reserve’s interest rates cuts. read more