BioMed Realty Trust has secured a $750 million loan to replace its existing credit facility due on Aug. 1, 2011. The new four-year unsecured revolving credit facility may be extended to about $1.25 billion.
The maturity period of the facility may also be extended to 2016. KeyBank National Association and Wells Fargo Securities acted as the co-lead arrangers of the new facility.
Click here for the release from PR Newswire.