PerryEllis International Inc. said Monday it completed the refinancing ofits Miami headquarters, as well as secured a fixed interest ratereduction on the mortgage of a distribution facility in Tampa. Thecompany said the $13 million mortgage on the headquarters resulted inadditional gross proceeds of $2.1 million. The mortgage is for 10 yearswith a fixed interest rate of 5.8 percent and a maturity date of August2020. The previous rate was 7.1 percent. The Tampa facility has a fixedrate of 5.75 percent, down from the previous rate of 6.25 percent. Theloan matures in June 2016. The firm said the reductions will save it$215,000 in annual interest payments.
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