“The extension provides Getty with financial flexibility as it begins to execute on its strategy of re-positioning the Getty Marketing assets to stabilize cash flow,” says Getty spokesperson. Getty Realty Corp. has announced that on March 9, 2012 it amended both its $175 million revolving credit facility with J.P. Morgan Chase Bank, N.A., as Administrative…
TA Enters New $200 Million Credit Facility
TravelCenters of America LLC has entered into a new $200 million revolving credit facility. The new facility replaces TA’s previous $100 million credit facility, which had a maturity date of Nov. 12, 2012. The maturity date of the new facility is Oct. 25, 2016. Drawings under this new credit facility will require interest payments of…