Kilroy Realty Corp., Los Angeles, has increased the size of its unsecured revolving credit facility to $550 million and extended its term to April 2010.The facility is priced at 85-135 basis points over the London interbank offered rate, depending on the company's leverage ratio at the time of borrowing. The facility was syndicated to a group of 19 U.S. and foreign banks led by J.P. Morgan Securities Inc. and Banc of America Securities LLC. Kilroy, an office and industrial real estate investment trust, can be found online at http://www.kilroyrealty.com.
Processing Content
