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Stag Industrial improves some borrowing terms

Dec. 20, 2016 4:27 PM ETSTAG Industrial, Inc. (STAG) StockBy: Stephen Alpher, SA News Editor8 Comments
  • NYSE:STAG lowered the interest rate pricing grids on two $150M unsecured bank loan terms. Term Loan A was cut 25 basis points to Libor +1.30%, and Term Loan B 40 basis points to Libor +1.70%, assuming current leverage levels.

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