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Alexandria Real Estate Equities Closes Amended $5 Billion Credit Line

Alexandria Real Estate Equities Closes Amended $5 Billion Credit Line

MT newswireMT newswire2026/09/28 21:12
05:12 PM EDT, 09/28/2026 (MT Newswires) -- Alexandria Real Estate Equities (ARE) has closed an amended and restated $5 billion unsecured senior credit facility, the company said late Monday. The company extended the maturity date to January 2032 from January 2030, assuming the exercise of two six-month extension options, Alexandria said. The updated agreement lowers the applicable borrowing margin by 11 basis points to the Secured Overnight Financing Rate plus 0.725%, it added. The revised terms took effect on Sept. 24 to preserve long-term liquidity and strengthen the balance sheet, the company said.
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