Corporate Office Properties Trust, a real estate investment trust based in Columbia, Md., has announced the closing of a $300 million unsecured revolving credit facility to replace its $150 million secured revolver.The pricing of the new three-year facility is based on the company's leverage, with an initial price of 140 basis points over the London interbank offered rate. The facility has a one-year extension option. Wachovia Securities Inc. and KeyBanc Capital Markets were the joint lead arrangers of the facility. COPT can be found online at http://www.copt.com.

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