Thursday 21 November 2019

Michael Shvo seeking $600M to refinance Coca-Cola Building

Two months after acquiring the Coca-Cola building, a partnership led by Michael Shvo is looking to refinance the nearly $1 billion property. Shvo and partners Turkish firm Biligili Holdings, Deutsche Finance Group and pension fund BVK, acquired the building at 711 Fifth Avenue in September for $937 million. The group is searching for between $500 million and $600 million in debt, people familiar with the matter told The Real Deal. That would partially replace a



source https://therealdeal.com/2019/11/21/michael-shvo-seeking-600m-to-refinance-coca-cola-building/

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