NYSE:AATREITs
How American Assets Trust’s Expanded, Extended Credit Facility At American Assets Trust (AAT) Has Changed Its Investment Story
American Assets Trust, Inc. recently amended and restated its credit agreement, lifting its revolving credit line from US$400,000,000 to US$500,000,000 and extending both the revolver and a US$100,000,000 term loan to April 1, 2030, with additional extension options.
This larger, longer-dated credit facility increases the REIT’s financial flexibility, potentially affecting how it funds acquisitions, development, and ongoing operations.
Next, we’ll consider how the larger US$500,000,000...