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American Realty draws from secured revolver to fund property purchase
By Marisa Wong
Madison, Wis., Aug. 17 - American Realty Capital Properties, Inc. drew an additional $6.5 million on its existing senior secured revolving credit facility with RBS Citizens, NA, according to an 8-K filing with the Securities and Exchange Commission.
American Realty made the drawdown on Aug. 16 to help fund an acquisition of property.
The real estate investment company is based in New York.
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