CINCINNATI – Phillips Edison-ARC Shopping Center REIT Inc., through Phillips Edison-ARC Shopping Center Operating Partnership LP, said it entered into a $40 million senior secured revolving credit facility with KeyBank NA that includes an accordion feature of up to $250 million.
Phillips Edison-ARC Shopping Center REIT in KeyBank Revolving Credit Facility
CINCINNATI - The REIT will use the KeyBank $40 million senior secured revolving credit facility, which includes an accordion feature up to $250 million subject to some conditions, to finance the acquisition of quality shopping centers in the U.S.
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