Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers Paydowns > Headlines for Alto Energy International Ltd. > News item |
Retail Opportunity to repay revolver borrowings via new note offering
By Tali Rackner
Minneapolis, Nov. 13 – Retail Opportunity Investments Corp. plans to repay amounts outstanding under its $600 million revolving credit facility using the proceeds from a $250 million private placement, according to a press release.
Proceeds from the 4.19% senior notes offering will also be used for general corporate purposes.
Retail Opportunity is a San Diego-based self-managed real estate investment trust focusing on the acquisition, ownership and management of necessity-based community and neighborhood shopping centers that are anchored by national or regional supermarkets and drugstores.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.