We represented a publicly traded office and business park property REIT as lead counsel in the recast of its unsecured credit facilities with KeyBank National Association as lender and administrative agent. The Revolver increased the amount of the senior unsecured revolving credit facility from $255 million to $300 million and provided an accordion feature for future expansion of an additional $300 million. The Term Loan was in the amount of $300 million.
$600 Million Senior Unsecured Credit Facility for Office and Business Park Property REIT
$600 Million Senior Unsecured Credit Facility for Office and Business Park Property REIT
We represented a publicly traded office and business park property REIT as lead counsel in the recast of its unsecured credit facilities with KeyBank National Association as lender and administrative agent. The Revolver increased the amount of the senior unsecured revolving credit facility from $255 million to $300 million and provided an accordion feature for future expansion of an additional $300 million. The Term Loan was in the amount of $300 million.