Phillips Edison & Company Announces Maturity Extension and Upsize of $1.0 Billion Unsecured Revolving Credit Facility

CINCINNATI, Jan. 09, 2025 (GLOBE NEWSWIRE) -- Phillips Edison & Company, Inc. (Nasdaq: PECO) (“PECO” or the “Company”), one of the nation’s largest owners and operators of high-quality, grocery-anchored neighborhood shopping centers, today announced the closing of the second amendment to its unsecured revolving credit facility (the “Revolving Credit Facility”). The amendment increases the size of the Revolving Credit Facility to $1.0 billion (from $800 million) and extends the maturity date to January 9, 20 ...