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BRIEF-Saul Centers Inc Says Co's Operating Partnership Entered Into Certain Credit Agreement

reuters.com · 09/01/2021 16:53
BRIEF-Saul Centers Inc Says Co's Operating Partnership Entered Into Certain Credit Agreement

- Saul Centers Inc BFS:

  • SAUL CENTERS INC - CO'S OPERATING PARTNERSHIP ENTERED INTO CERTAIN CREDIT AGREEMENT DATED AUGUST 31, 2021

  • SAUL CENTERS - AGREEMENT CONSISTS OF $525 MILLION CREDIT FACILITY OF WHICH $425 MILLION IS A REVOLVING CREDIT FACILITY & $100 MILLION IS A TERM LOAN

  • SAUL CENTERS INC - REVOLVING LINE MATURES ON AUG 31, 2025, WHICH TERM MAY BE EXTENDED BY CO FOR ONE ADDITIONAL YEAR

  • SAUL CENTERS - TERM LOAN MATURES ON FEBRUARY 28, 2027, AND MAY NOT BE EXTENDED

Source text for Eikon: [https://bit.ly/3zy9qbA]

Further company coverage: BFS


((Reuters.Briefs@thomsonreuters.com;))