Kramont Realty Trust Closes on $100 Million Credit Facility; Eliminates Significant Near-Term Debt Maturities
Sunday, July 1st, 2007PLYMOUTH MEETING, Pa.–(BUSINESS WIRE)–Dec. 30, 2002 Kramont Realty Trust (NYSE:KRT), announced today that it has closed a $100 million three-year, senior secured, revolving credit facility and made an initial borrowing of $67,988,000. The maximum amount of the credit facility may be increased to $125 million under the terms and conditions of the loan agreement. Management [...]