|
The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
BMO Harris Agents $125MM Credit Facility Upsize for American Finance Trust
|
Lenders/Participants
|
BMO Harris Bank [Administrative Agent]
Citizens Bank [Joint Lead Arranger, Lender]
SunTrust Robinson Humphrey [Joint Lead Arranger, Lender]
Compass Bank [Lender]
Synovus Bank [Lender]
|
|
Structure
|
Revolving Credit Facility
|
|
Amount
|
$540.000
Million
|
|
Borrower(s)
|
American Finance Trust, Inc.
|
|
Description
|
A revolving unsecured corporate credit facility increased the aggregate total commitments under the facility by $125 million bringing total commitments to $540 million. The Credit Facility matures on April 26, 2022. AFIN will have a one-time right to extend the maturity date beyond April 26, 2022 for an additional term of one year. Borrowings under the Credit Facility will bear interest at LIBOR plus an applicable margin ranging from 1.60% to 2.20%, depending on the Company's consolidated leverage ratio.
|
|
Industry
|
Real Estate
|
| Related Tags |
BMO Harris Bank, Citizens Bank, Compass Bank, SunTrust Robinson Humphrey, Synovus Bank
|
ABL Advisor
Deal Tables
2025
|
|
|
|