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Gladstone Commercial boosted its credit capacity to $850 million to support growth and operations.
Gladstone Commercial Corporation has expanded its credit facility to $600 million, with a potential increase of up to $250 million, bringing total capacity to $850 million.
The amendment increased the term loan by $50 million and the revolving credit facility by $75 million, extended maturities through 2030, and added two new lenders.
The company said the enhanced liquidity will support future acquisitions and operations.
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Gladstone Commercial incrementó su capacidad de crédito a $850 millones para apoyar el crecimiento y las operaciones.