BXP amends credit facility to $2.95B, adds $700M term loan, extends revolver to 2030

BXP, Inc.

Revolving facility increased from $2.0B to $2.25B; maturity extended from June 2026 to March 2030.
New $700M unsecured term loan facility maturing March 2029, with two 6-month extension options.
Total facility capacity can be increased up to $3.5B through additional commitments.
Proceeds from $700M term loan draw used to fully repay existing term loan due May 16, 2025.
Commercial paper program increased from $500M to $750M, backstopped by credit facility.

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