TORONTO — Slate Grocery REIT (TSX: SGR.U) (TSX: SGR.UN) (the “REIT”), an owner and operator of U.S. grocery-anchored real estate, announced today that it has entered into a new credit facility agreement (the “Facility”) on October 21, 2024 for
TORONTO -- Slate Grocery REIT (TSX: SGR.U) (TSX: SGR.UN) (the “REIT”), an owner and operator of U.S. grocery-anchored real estate, announced today that it has entered into a new credit facility agreement (the “Facility”) on October 21, 2024 for an aggregate principal amount of up to US$500 million, comprising a US$275 million revolving credit facility and a US$225 million term loan facility, maturing in January 2028. The Facility was completed with a syndicate of both existing and new institutional lenders at interest rate spreads similar to the maturing debt facility. Read More
