New flash — GRMC refinances $155 million for construction

        DEDEDO, Guam — Guam Regional Medical City closed a $155 million financing with South Korean and North American institutional lenders, according to a May 23 release from Pi Capital International LLC, one of the hospital’s advisors. The loan was to refinance its construction debt, according to Eric L. Plinske, GRMC’s vice president of corporate affairs.

        Transaction terms were not disclosed, however “the refinancing arrangement was to strategically align our debt with the hospital’s current and future financial needs,” Plinske said. Pi Capital International and Corsario Advisors advised GRMC on the . . .

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