Documents
Resources
Learning Center
Upload
Plans & pricing Sign in
Sign Out

Silver Bay Realty Trust Corp. Secures $200 Million Credit Facility

VIEWS: 0 PAGES: 2

NEW YORK--(BUSINESS WIRE)--Silver Bay Realty Trust Corp. (NYSE: SBY) today announced that the Company has secured a $200 million revolving credit facility with a syndicate of banks. The credit facility matures in May 2016 and bears interest at a varying rate of the London Interbank Offered Rate, or LIBOR, plus 3.50%, subject to a LIBOR floor of 0.5%. Bank of America Merrill Lynch and JPMorgan Chase Bank, National Association acted as joint lead arrangers. The credit facility will be used for the a

More Info
To top