Easterly Government Properties Inc

NYSE:DEAUnited States

Jun 4, 2024

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• Easterly Government Properties Executes $400 Million Revolving Credit Facility, from 11:01AM ET on Tuesday Jun 04, 2024 by MT Newswires

  11:01AM ET on Tuesday Jun 04, 2024 by MT Newswires
  Companies Mentioned: DEA
  11:01 AM EDT, 06/04/2024 (MT Newswires) -- Easterly Government Properties (DEA) said Tuesday it executed a new $400 million revolving credit facility that is initially scheduled to mature in June 2028. The revolver has two six-month as-of-right exte...

• Easterly Government Properties Announces New $400 Million Senior Unsecured Credit Facility, from 8:00AM ET on Tuesday Jun 04, 2024 by Business Wire

  8:00AM ET on Tuesday Jun 04, 2024 by Business Wire
  Companies Mentioned: DEA

  Easterly Government Properties, Inc. (NYSE: DEA) (the "Company" or "Easterly"), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, today announced it has executed a new $400 million revolving credit facility (the "Revolver"). The Revolver includes an accordion feature that allows the Company to request additional lender commitments of up to $250 million, for a total Revolver capacity of up to $650 million. The Revolver will initially mature four years from the closing date, in June 2028, with two six-month as-of-right extension options available to extend the maturity to June 2029.

• Easterly Government Properties Announces New $400 Million Senior Unsecured Credit Facility, from 8:00AM ET on Tuesday Jun 04, 2024 by Dow Jones

  8:00AM ET on Tuesday Jun 04, 2024 by Dow Jones
  Companies Mentioned: DEA
  
  Easterly demonstrates its ability to access capital and maintain ample liquidity to fund future growth
  WASHINGTON--(BUSINESS WIRE)--June 04, 2024--
  Easterly Government Properties, Inc. (NYSE: DEA) (the "Company" or "Easterly"), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to the U.S. Government, today announced it has executed a new $400 million revolving credit facility (the "Revolver"). The Revolver includes an accordion feature that allows the Company to request additional lender commitments of up to $250 million, for a total Revolver capacity of up to $650 million. The Revolver will initially mature four years from the closing date, in June 2028, with two six-month as-of-right extension options available to extend the maturity to June 2029.