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Acadia Realty Trust upsizes credit agreement to $600M

Acadia Realty Trust boosted the total borrowing capacity under its credit agreement to up to $600.0 million from $500.0 million.

The agreement comprises a $250.0 million revolving credit facility, increased from $150.0 million, and a $350.0 million term loan facility. It comes with an accordion feature that allows for one or more increases in either facility for a maximum of $750.0 million.