Acadia Realty Trust Completes Placement of Amended $750 Million Credit Facility-February 2024-www.financetom.com

Acadia Realty Trust Completes Placement of Amended $750 Million Credit Facility

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Acadia Realty Trust Completes Placement of Amended $750 Million Credit Facility

Apr 16, 2024 1:42 AM

04:15 AM EDT, 04/16/2024 (MT Newswires) -- Acadia Realty Trust ( AKR ) said Monday it completed the oversubscribed placement on a $750 million amended and restated credit facility, which replaces and extends its $700 million credit facility.

The updated credit facility matures on April 15, 2028, with two six-month extension options, and is expandable to $900 million, subject to customary conditions.

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