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Stock impact report

Americold Realty Trust Completes Refinancing of Unsecured Credit Facility

Americold Realty Trust, Inc. (COLD) 
Last americold realty trust, inc. earnings: 2/20 04:10 pm Check Earnings Report
US:NYSE Investor Relations: ir.americold.com
Company Research Source: Business Wire
-Expands Capacity from USD $1.275 billion to USD $1.225 billion and CAD $250 million--Reduces cost of capital, extends maturities, and increases liquidity- ATLANTA--(BUSINESS WIRE)--Americold Realty Trust (NYSE: COLD) (the “Company” or “Americold”), the world’s largest publicly traded REIT focused on the ownership, operation, acquisition, and development of temperature-controlled warehouses, today announced that the Company has completed the refinancing of its unsecured credit facility.“We are pleased to announce the completion of this key refinancing, which accomplished several important objectives including reducing our cost of capital, extending our debt duration, and enhancing our already strong liquidity position. Importantly, we were able to access incremental capital by expanding and rebalancing our facility to include USD $425 million and CAD $250 million term loans. The CAD term loan creates a natural hedge for our recent Nova Cold acquisition,” stated Marc Smernoff, Chief Show less Read more
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