Innovative Industrial Properties Announces Full Repayment of $282 Million of Senior Notes
Innovative Industrial Properties fully repaid its $282 million of 5.50% Senior Notes due May 2026. The repayment was funded using cash on hand, revolving credit facilities, and proceeds from recently closed term loans.
Key figures
- Debt repaid
- 282000000
- Old debt rate
- 5.50%
- New blended rate
- 8.3%
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