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Acadia Realty Trust : Announces an Expanded $700 Million Senior Unsecured Revolving Credit Facility and Term Loan Facility


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Acadia Realty Trust (NYSE: AKR) (the “Company”) announced today that it closed on a $700 million amended and restated credit facility, which replaces the Company’s existing $600 million credit facility. The amended and restated credit facility provides for an increase in the Company’s existing revolving credit facility from $250 million to $300 million and an increase in the Company’s existing term loan facility from $350 million to $400 million. The amended and restated credit facility was oversubscribed and supported by all five of its existing lenders along with the addition of four new financial institutions.
The amended and restated credit facility has an accordion feature expandable to $900 million, subject to customary conditions, and, inclusive of extension options, matures on June 29, 2026. ....

United States , John Gottfried , National Association , Wells Fargo Bank , Capital Markets , Truist Bank , Acadia Realty Trust , Wells Fargo Securities , Truist Securities Inc , Bofa Securities Inc , Acadia Realty , Chief Financial Officer , Bofa Securities , Truist Securities , Realty Trust , Core Portfolio , ஒன்றுபட்டது மாநிலங்களில் , ஜான் காட்‌ஃப்ரீட் , தேசிய சங்கம் , கிணறுகள் ஃபார்கோ வங்கி , மூலதனம் சந்தைகள் , அகாடியா ரியல்டீ நம்பிக்கை , கிணறுகள் ஃபார்கோ பத்திரங்கள் , போஃபா பத்திரங்கள் இன்க் , அகாடியா ரியல்டீ , தலைமை நிதி அதிகாரி ,