OAK BROOK, Ill., Jan. 6, 2016 /PRNewswire/ -- Retail Properties of America, Inc. (NYSE: RPAI) (the "Company") today announced it has closed on the previously announced $1.2 billion amended and restated unsecured credit facility. The unsecured credit facility was amended and restated, as follows:
$750 Million Unsecured Revolver
$200 Million Unsecured Term Loan
$250 Million Unsecured Term Loan
Wells Fargo Securities, LLC, KeyBanc Capital Markets Inc., U.S. Bank National Association, PNC Capital Markets LLC and Regions Capital Markets served as co-lead arrangers, with KeyBank, NA to serve as administrative agent and Wells Fargo Bank, NA to serve as syndication agent. U.S. Bank National Association, PNC Capital Markets LLC, Regions Capital Markets, Bank of America, N.A., Citibank, N.A., The Bank of Nova Scotia, Capital One, N.A., Deutsche Bank Securities Inc. and Morgan Stanley Senior Funding, Inc. served as documentation agents.
About RPAI
Retail Properties of America, Inc. is a REIT and is one of the largest owners and operators of high quality, strategically located shopping centers in the United States. As of September 30, 2015, the Company owned 201 retail operating properties representing 29.2 million square feet. The Company is publicly traded on the New York Stock Exchange under the ticker symbol RPAI. Additional information about the Company is available at www.rpai.com.
CONTACT INFORMATION
Michael Fitzmaurice, VP - Finance
Retail Properties of America, Inc.
(630) 634-4233
Logo - http://photos.prnewswire.com/prnh/20140422/77417
SOURCE Retail Properties of America, Inc.
Share this article