HRPT Properties Trust, Newton, Mass., has increased its revolving bank credit facility from $425 million to $560 million and extended its maturity by a year.The facility, which was syndicated to 20 banks, now matures April 30, 2006, the real estate investment trust said. The facility carries an interest rate of 80 basis points over the London interbank offered rate. The bank syndicate includes Wachovia Bank as administrative agent, Wells Fargo Bank as syndication agent, Fleet National Bank, Commerzbank AG, and The Bank of New York as documentation agents, and SunTrust Bank as senior managing agent. The REIT's website address is http://www.hrpreit.com.
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