SL Green expands revolving line of credit, term loan to $2.53 billion

By Tali Rackner

Norfolk, Va., Aug. 5 – SL Green Realty Corp. expanded its unsecured corporate credit facility by $500 million, to $2,533,000,000, according to a press release.

The revolving line of credit portion of the facility, which matures in March 2020, was increased by $400 million to $1.6 billion and the term loan portion of the facility, which matures in June 2019, was increased by $100 million to $933 million.

Wells Fargo Securities, LLC, J.P. Morgan Securities LLC, Deutsche Bank Securities Inc. and U.S. Bank NA are joint lead arrangers of the facility, with Wells Fargo Bank, NA as the administrative agent, JPMorgan Chase Bank, NA as the syndication agent and Deutsche Bank AG New York Branch and U.S. Bank NA as co-documentation agents.

SL Green is a real estate investment trust based in New York.

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