Aug 13 (Reuters) - Firm Capital Property Trust FCD_u.V :
* ANNOUNCES CASH GENERATING REFINANCING ACTIVITY
* PRINCIPAL BALANCE OF MORTGAGE AT MATURITY WAS $29.4 MILLION, WHILE TRUST'S PORTION WAS $14.7 MILLION
* NEW MORTGAGE IS A $42.0 MILLION FIRST MORTGAGE FIXED AT AN INTEREST RATE OF 4.0% WITH A 25 YEAR AMORTIZATION
* IN ADDITION, A $1.0 MILLION REVOLVING CREDIT FACILITY WAS ALSO PROVIDED BY BANK
* NET CASH RECEIVED FROM REFINANCING IS APPROXIMATELY $6.3 MILLION
* TRUST'S PORTION OF NEW MORTGAGE IS $21.0 MILLION AND $0.5 MILLION FOR REVOLVING CREDIT FACILITY, RESPECTIVELY