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Landmark Infrastructure taps accordion, lifts revolver to $282 million
By Wendy Van Sickle
Columbus, Ohio, Oct. 24 – Landmark Infrastructure Partners LP wholly owned subsidiary Landmark Infrastructure Operating Co. LLC exercised the accordion option under its amended and restated credit agreement dated Nov. 19, 2014, resulting in overall commitments of $282 million, according to an 8-K filing with the Securities and Exchange Commission.
The company added commitments of $32 million to the $250 million senior secured revolving credit facility via a joinder agreement on Wednesday.
SunTrust Bank is the administrative agent. SunTrust Robinson Humphrey, Inc. is the lead arranger.
The El Segundo, Calif., company leases real estate.
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