InvenTrust Properties Expands Credit Facility to $500 Million

MT Newswires Live
2024-10-26

InvenTrust Properties (IVT) said Friday it recast and increased its unsecured revolving credit facility to $500 million from $350 million.

The revolver's maturity date was extended to January 2029 with a six-month extension option, the company said.

The company's unsecured credit facility, which also comprises a $400 million term loan, now totals $900 million, InvenTrust said.

Funds will be used for general corporate purposes, according to the company.

Price: 29.20, Change: +0.02, Percent Change: +0.07

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