Equity One Closes $575M Unsecured Revolving Credit Facility

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

Equity One, Inc. (NYSE: EQY) announced that it has closed a $575 million unsecured revolving credit facility which replaces its existing $400 million facility. The new facility, which has a four-year term with a one year extension option, can be upsized to $800 million through an accordion feature. Borrowings under the new facility will bear interest at the annual rate of LIBOR plus 155 basis points subject to a pricing grid for changes in the company's credit ratings.

Crypto Whales Are Loading Up — Are You?

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!