The Macerich Company closed an amended and restated $900 million revolving credit facility, expanding the line from $650 million and extending maturity from January 2027 to March 2030, including a 12-month extension option. The revised facility lowers the pricing grid to 180 to 220 basis points over SOFR, with potential further reductions to 135 to 165 basis points over SOFR upon meeting performance thresholds, and was undrawn at closing.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Macerich Company published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202602261615PRIMZONEFULLFEED9662397) on February 26, 2026, and is solely responsible for the information contained therein.
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