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