Aimco Obtains New Credit Facility
Apartment Investment and Management Company (NYSE:AIV), or Aimco as the real estate investment trust (REIT) is popularly known, has recently obtained a new three-year revolving credit facility worth $500 million in its concerted effort to strengthen liquidity and reduce refinancing risk. The new credit facility replaces the existing $300 million credit facility that was scheduled [...]
Apartment Investment and Management Company (NYSE:AIV), or Aimco as the real estate investment trust (REIT) is popularly known, has recently obtained a new three-year revolving credit facility worth $500 million in its concerted effort to strengthen liquidity and reduce refinancing risk. The new credit facility replaces the existing $300 million credit facility that was scheduled to mature in May 2013.
The renewed credit facility is scheduled to mature in December 2014 and has an accordion feature … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards