Brief: Agree Realty Announces $350 Million 5.5-Year Term Loan

Agree Realty

28/06/2023 22:25

Agree Realty Corp  ADC.N :
    * AGREE REALTY ANNOUNCES $350 MILLION 5.5-YEAR TERM LOAN
    * AGREE REALTY CORP-TERM LOAN INCLUDES AN ACCORDION OPTION
THAT
ALLOWS COMPANY TO REQUEST ADDITIONAL LENDER COMMITMENTS UP TO A
TOTAL OF $500 MILLION
    * AGREE REALTY CORP-TERM LOAN IS ANTICIPATED TO CLOSE IN
JULY
2023, WITH A 12-MONTH DELAYED DRAW FEATURE, AND IS EXPECTED TO
MATURE IN JANUARY 2029

Source text for Eikon:  ID:nPn27W6ZRa 
Further company coverage:  ADC.N