debt
confidence high
sentiment neutral
materiality 0.50
SITE Centers amends revolving credit agreement; extends to 2026, capacity $950M
SITE Centers Corp.
- New $950M unsecured revolving credit facility with accordion feature up to $1.45B.
- Maturity extended to June 6, 2026.
- Interest rate benchmark changed from LIBOR to SOFR.
- Financial covenants and other provisions modified.