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Allied Properties Real Estate Investment Trust Announces Closing of Credit Facility |
January 30, 2015
TORONTO, ONTARIO--(Marketwired - Jan. 29, 2015) - Allied Properties REIT ("Allied") (TSX:AP.UN) announced today that it has closed a $200,000,000 unsecured revolving credit facility with a Canadian chartered bank for a term of three years to replace Allied's current $100,000,000 secured credit facility. The credit facility also contains a feature that would allow Allied to increase the facility to up to $300,000,000.
http://www.marketwired.com/mw/release.do?id=1987397&sourceType=3
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