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Americold Realty Trust repays $50M on term loan facility

Americold Realty Trust repaid $50 million on its outstanding senior term loan A facility using cash on hand.

The facility was originated at the time of the temperature-controlled warehouse operator's IPO, and the total outstanding balance under the facility now stands at $475 million.

Americold noted that its lender group boosted its total revolving credit commitments on the company's existing $400 million senior revolving credit facility by $50 million, adding that its total commitments under its senior credit facility remain unchanged at $925 million.