BRIEF-WPT Industrial REIT announces extension, expansion of revolving facility

Mon Apr 25, 2016 11:09am EDT
 
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April 25 (Reuters) - WPT Industrial Real Estate Investment Trust :

* WPT Industrial REIT announces extension and expansion of revolving facility

* Increase availability under revolving facility to $100 million and extend term of revolving facility for 3 yrs

* Says as a result of amendment, availability on revolving facility increased from $75 million to $100 million

* Revolving facility continues to include an accordion feature which could increase facility to $200 million

* Maturity date of revolving facility extended to April 21, 2019, REIT has additional one-year extension option Source text for Eikon: Further company coverage: