trending Market Intelligence /marketintelligence/en/news-insights/trending/fOy10fdm1OgcDBByjDqNaw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Urban Edge Properties amends $600M revolver, details property sales

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate (CRE) Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd


IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

Urban Edge Properties amends $600M revolver, details property sales

Urban Edge Properties, in detailing its latest results, said it amended its $600 million revolving credit facility and extended the maturity date to January 2024 from March 2021, with two six-month extension options.

The terms and conditions of the facility are materially consistent with the prior agreement except that borrowing rates are generally lower by 5 basis points. The company said it has not drawn any amounts on the credit facility.

The shopping center real estate investment trust also said it sold a property in Glen Burnie, Md., for $16.2 million and its property in Springfield, Mass., for $10.2 million.

It noted that nine noncore properties are under contract or letter of intent to sell for about $140 million. The REIT expects to use the proceeds for acquisitions, redevelopment and, potentially, a special dividend.