Industrial Logistics Properties Trust

NASDAQ:ILPT   9:50:08 AM EDT
22.84
+0.04 (+0.18%)
Debt Financing / Related, Strategic Combinations, Divestitures / Spin-offs

Industrial Logistics Properties Trust Sells Six Properties To Its Joint Venture

Published: 12/27/2021 13:32 GMT
Industrial Logistics Properties Trust (ILPT) - Press Release - Industrial Logistics Properties Trust Sells Six Properties to Its Joint Venture.
Industrial Logistics Properties Trust - Deal for $206 Million.
Industrial Logistics Properties Trust Says to Receive Total Net Proceeds of Approximately $190 Million.
Industrial Logistics Properties Trust Says Plans to Use Proceeds From Sale and Subsequent Debt Financing to Reduce Outstanding Borrowings.
Industrial Logistics Properties Trust - Continues to Own 22% Equity Interest in Jv, Jv Plans to Incur About $134 Million of Debt Secured by Properties in Early 2022.