Business NewsPR NewsWire • iStar Reprices Its Senior Secured Credit Facility

iStar Reprices Its Senior Secured Credit Facility

iStar Reprices Its Senior Secured Credit Facility

NEW YORK, Jan. 27, 2017 /PRNewswire/ -- iStar (NYSE: STAR) announced today that it has received commitments from lenders to reprice its $497 million senior secured credit facility and increase the balance to $500 million. The term loan will now bear interest at an annual rate of LIBOR +...

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iStar Reprices Its Senior Secured Credit Facility