09:03 AM EST, 02/19/2025 (MT Newswires) -- Sila Realty Trust ( SILA ) said Wednesday it has closed a new $600 million revolving credit facility maturing in February 2029 with two six-month extension options.

The revolving credit agreement may be increase through an accordion feature up to $1.5 billion, Sila Realty ( SILA ) said. The new agreement aims to replace the company's prior $500 million revolving line of credit maturing in February 2025.

The company said it has also entered into conforming amendments to its outstanding term loans in connection with the new revolving credit agreement.