trending Market Intelligence /marketintelligence/en/news-insights/trending/ww6xpvqtqf0-dm9kmfhbpq2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Industrial Logistics Properties closes syndication of $750M revolver

Blog

Message in a (Word)Cloud

Six trends shaping the industries and sectors we cover in 2021

Six trends shaping the industries and sectors we cover in 2021

Capital Markets View – January 2021


Industrial Logistics Properties closes syndication of $750M revolver

Industrial Logistics Properties Trust closed the syndication of its $750 million revolving credit facility, which matures Dec. 29, 2021.

The unsecured facility has two six-month extension options and carries an annual rate equal to the London Interbank Offered Rate in addition to a premium which varies with the amount of the company's leverage.

Citigroup Global Markets Inc., Merrill Lynch Pierce Fenner & Smith Inc., RBC Capital Markets and Wells Fargo Securities LLC acted as the joint lead arrangers and joint book runners for the credit facility.