Wheeler Real Estate Investment Trust Inc. entered into an amended credit agreement with KeyBank NA that increases the borrowing capability under the facility to $52.5 million from $50 million.

The amended agreement also increases the credit facility's accordion feature by $50 million to $150 million, according to a release.

The agreement also extends the requirement to reduce the outstanding debt to $52.5 million or below from about $68 million by July 1, 2018.

Wheeler's revolving credit facility with KeyBank will mature Dec. 21, 2019, with a one-year extension option. The interest rate on Wheeler's credit facility will remain at the London Interbank Offered Rate plus 250 basis points.