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Published on 10/9/2012 in the Prospect News Bank Loan Daily.

Mack-Cali to draw on $600 million revolver to finance acquisitions

By Tali David

Minneapolis, Oct. 9 - Mack-Cali Realty Corp. plans to draw on its $600 million unsecured revolving credit facility to finance its planned real estate acquisitions, according to a press release.

The transaction is subject to customary closing conditions and is expected to close early in the fourth quarter of 2012.

Mack-Cali is an Edison, N.J.-based office space and property management company.


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