Getty Realty Corp. Extends Maturity of Credit Facility And Term Loan

Getty Realty Corp. Extends Maturity of Credit Facility And Term Loan

“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

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 [...]