Industrial Logistics Properties Trust

NASDAQ:ILPT   3:59:28 PM EDT
22.03
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Debt Financing / Related

Industrial Logistics Properties Trust Adds A Second Partner To Existing $680 Million JV

Published: 11/19/2020 14:55 GMT
Industrial Logistics Properties Trust (ILPT) - Industrial Logistics Properties Trust Adds a Second Partner to Existing $680 Million Jv.
Industrial Logistics Properties Trust - Selling a Second 39% Joint Venture Equity Interest.
Industrial Logistics Properties Trust - to Receive New Proceeds of About $108 Million While Retaining 22% Equity Stake in Jv.
Industrial Logistics Properties Trust - Plans to Use Proceeds to Reduce Outstanding Borrowings Under Its $750 Million Unsecured Revolving Credit Facility.