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Agree Realty Boosts Credit Facility to $1.25 Billion
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Agree Realty Boosts Credit Facility to $1.25 Billion
Aug 8, 2024 2:52 PM

05:36 PM EDT, 08/08/2024 (MT Newswires) -- Agree Realty ( ADC ) said late Thursday it increased its senior unsecured revolving credit facility to $1.25 billion, scheduled to mature in August 2028.

The revolving credit agreement includes an accordion option, allowing the company to request additional lender commitments up to $2 billion.

Agree Realty ( ADC ) has options to extend the facility's maturity date to August 2029.

Price: 72.66, Change: +1.08, Percent Change: +1.51

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