Seeking Alpha

Physicians Realty boosts credit line to $200M

  • The senior secured revolving facility was previously $140M and DOC has the option to increase the capacity all the way to $250M.
  • The stock continues a nice run, and is now up 25% since the IPO 11 months ago.
  • CEO John Thomas: "Coupled with our recent capital raise, the increased credit line gives the Company increased flexibility to seek out high quality assets and increase our FFO as we work to provide shareholders with long-term value.”
  • Press release
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