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DuPont Fabros amends loan, canceling Libor floor, revising pricing
By Sara Rosenberg
New York, Feb. 8 - DuPont Fabros Technology Inc. amended its $100 million credit facility, eliminating the 1% Libor floor and establishing a leverage-based pricing grid that ranges from Libor plus 325 basis points to Libor plus 425 bps, according to a news release.
The amendment was completed this month.
DuPont is a Washington, D.C.-based real estate investment trust and owner, developer, operator and manager of wholesale data centers.
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