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First Industrial Realty Trust Lands $850 Million Revolver
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First Industrial Realty Trust Lands $850 Million Revolver
Mar 19, 2025 1:35 AM

04:22 AM EDT, 03/19/2025 (MT Newswires) -- First Industrial Realty Trust ( FR ) said late Tuesday it closed an $850 million senior unsecured revolving credit facility due March 16, 2029, with two six-month extension options.

The revolver includes an accordion feature that can boost the total borrowing capacity to $1 billion.

The company also said it refinanced a $200 million unsecured term loan with an initial maturity date of March 17, 2028, with two one-year extension options.

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