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Published on 12/20/2007 in the Prospect News Bank Loan Daily.

Forest City Rental upsizes revolver to $720 million

By Sara Rosenberg

New York, Dec. 20 - Forest City Rental Properties Corp. increased its revolving credit facility by $120 million to $720 million on Thursday, according to an 8-K filed with the Securities and Exchange Commission.

KeyBank is the administrative agent on the deal.

Forest City Rental is a wholly owned subsidiary of Forest City Enterprises, Inc., a Cleveland-based owner, developer, manager and acquirer of commercial and residential real estate properties.


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