NYSE:FRIndustrial REITs
First Industrial Realty Trust Refinancing Resets Debt Profile And Future Flexibility
First Industrial Realty Trust (NYSE:FR) has completed a broad refinancing of its major unsecured term loans.
The company amended multiple loan agreements, extending maturities and increasing available loan amounts.
The refinancing removed prior SOFR adjustments and added extension options and a sustainability metric.
The changes affect the company’s debt profile, financial flexibility, and potential future financing costs.
First Industrial Realty Trust focuses on industrial properties, a...