Phillips Edison Increases Revolving Credit Facility to $1 Billion

MT Newswires Live05:33

Phillips Edison (PECO) said late Thursday it has amended its unsecured revolving credit facility to increase its size to $1 billion from $800 million and extend its maturity to Jan. 9, 2029.

The amendment also includes options to extend the facility for two more six-month periods, the company said.

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