Duke Realty has renewed its unsecured revolving credit facility, Market Wire reports. The facility that was set to mature in January 2010 has a borrowing capacity of $850 million and will now mature in February 2013.
The facility can be increased to $1.05 billion. The lead arrangers and book managers were JPMorgan Securities and Wells Fargo Securities, while JPMorgan Chase Bank acted as administrative agent. Bank of Nova Scotia, UBS Loan Finance, Regions Financial and Morgan Stanley MUFG Loan Partners acted as documentation agents.
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