WASHINGTON--(BUSINESS WIRE)--Easterly Government Properties, Inc. (NYSE: DEA) (the “Company” or “Easterly”), a fully integrated real estate investment trust (“REIT”) focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government and its adjacent partners, announced today it has amended and upsized its $174.5 million senior unsecured term loan agreement, originally executed in 2018 and amended in 2021 (the “2018 Term Loan”) to $200
Related Questions
How will the increase in the term loan from $174.5 million to $200 million affect Easterly's leverage and credit metrics?
What are the intended uses of the additional loan proceeds and how will they impact the company's cash flow and growth initiatives?
Does the amendment introduce any new covenants or changes in interest rates that could affect Easterly's financial flexibility and valuation?