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Our as-adjusted tax rate for the first quarter was approximately 23% and included discrete tax benefits related to stock-based compensation awards that vest in the first quarter of each year. These inflows were partially offset by seasonal tax trading-related outflows from our U.S. style box exposure in Precision ETFs.
The transactionexecution was excellent and demand for the loan was significantly oversubscribed, underscoring the market's confidence in Cedar Fair and our management team. Following the financing and subsequent bond redemption, we have no near-term debt maturities.
First, the strong reoccurring fundamentals that underpin our business are again highlighted in our Q1 performance, with consolidated organic tenant billings growth of 5.4%, and another exceptional leasing quarter at CoreSite, including its highest quarter of retail new business signs since Q4 of 2020. earlier this month.
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