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Forest City upsizes revolver to $750 million
By Sara Rosenberg
New York, Feb. 4 - Forest City Rental Properties Corp. increased its revolving credit facility by $30 million to $750 million, according to an 8-K filed with the Securities and Exchange Commission Monday.
The upsizing was done on Jan. 31 as certain existing lenders increased their commitments.
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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