Brief: INDUS Announces A New $150 Million Delayed Draw Term Loan And Amendment To Existing Revolving Credit Facility

Indus Realty Trust

25/04/2022 23:05

April 25 (Reuters) - Indus Realty Trust Inc  INDT.O :
    * INDUS ANNOUNCES A NEW $150 MILLION DELAYED DRAW TERM LOAN
AND
AMENDMENT TO EXISTING REVOLVING CREDIT FACILITY
    * INDUS REALTY TRUST INC- AMENDED MATURITY OF EXISTING $100
MILLION REVOLVING CREDIT FACILITY UNDER AMENDED CREDIT AGREEMENT
FROM AUGUST 2024
    * INDUS REALTY TRUST INC- AMENDMENT EXTENDS EXPIRATION DATE
OF
CREDIT AGREEMENT TO APRIL 2025
    * INDUS REALTY TRUST INC- AMENDED CREDIT AGREEMENT INCLUDES
AN
ACCORDION FEATURE ENABLING CO TO INCREASE TOTAL BORROWING UP TO
AN AGGREGATE OF $500 MILLION

Source text for Eikon:  ID:nBwbcfBFda 
Further company coverage:  INDT.O 

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