BioMed Realty Trust Inc., a real estate investment trust based in San Diego, has doubled the size of its unsecured revolving credit facility to $500 million.The amendment to the facility also extends the term to June 27, 2009, provides greater flexibility with respect to covenants, and reduces the interest rate on borrowings, the REIT said. KeyBank NA was the administrative agent, lead arranger, and sole book manager of the facility. BioMed, which specializes in providing real estate to the life science industry, can be found online at http://www.biomedrealty.com.
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