| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers Paydowns > Headlines for Alto Palermo SA > News item |
Site Centers to use revolver borrowings to help redeem 4.625% notes
By Sarah Lizee
Olympia, Wash., Feb. 21 – Site Centers Corp. plans to use revolving credit facility borrowings to help fund the redemption of its $200 million 4.625% notes due 2022 (Cusip: 23317HAA0), according to an 8-K filing with the Securities and Exchange Commission.
The company will also use proceeds from the $143 million sale of its interest in the DDRTC joint venture to its partner, an affiliate of TIAA-CREF, for the March 23 redemption.
The real estate investment trust that owns and manages shopping centers is based in Beachwood, Ohio.
© 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.