In a rare debt structure, 7 World Trade Center II, LLC, a special-purpose entity, will secure two loans to refund $475 million of Series A and B Liberty revenue bonds, which helped finance the construction of floors 10 through 52 of 7 World Trade Center.

The first loan will come from proceeds of the New York Liberty Development Corp.’s $452.8 million Liberty revenue bond refunding, scheduled to price on Wednesday.

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