WSJ: KeyBanc and Merrill Lead ROIC Credit Facility Amendment
The Wall Street Journal reported Retail Opportunity Investments announced that it amended its unsecured revolving credit facility, including to increase the borrowing capacity from $200 million to $350 million and increase the accordion feature.
According to the Wall Street Journal KeyBanc Capital Markets; and Merrill Lynch, Pierce, Fenner & Smith Incorporated are joint lead arrangers and joint book managers; KeyBank National Association is the administrative agent, swing line lender and L/C Issuer; Bank of America is the syndication agent with PNC Bank, National Association and U.S. Bank National Association as the co-Documentation Agents. Other participants include Bank of Montreal, JPMorgan Chase Bank, RBS Citizens, Regions Bank, Royal Bank of Canada and Wells Fargo Bank, National Association, the Wall Street Journal said.
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