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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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