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Stock impact report

CoreSite Announces Amended and Expanded Credit Facility Increasing Total Borrowing Capacity to $1.05 Billion

Cencora, Inc. (COR) 
Last cencora, inc. earnings: 4/30 06:30 am Check Earnings Report
US:NYSE Investor Relations: investors.coresite.com/investor-overview
Company Research Source: Business Wire
Increases available liquidity to fund ongoing organic growth and development pipeline DENVER--(BUSINESS WIRE)-- CoreSite Realty Corporation (NYSE:COR), a premier provider of secure, reliable, high-performance data center and interconnection solutions across the U.S., today announced that it has closed on an amended and expanded credit facility with total borrowing capacity of $1.05 billion, including all arrangements with its syndicate of banks. The amendment and expansion increases the revolving credit facility by an incremental $100 million of borrowing capacity, to $450 million and extends the primary term of the facility to April 2022, with a one-year extension option. In addition, CoreSite entered into a new five-year, $150 million term loan under the amended credit facility. The new $150 term loan matures in April 2023, and bears interest at a variable rate of LIBOR plus 140 Show less Read more
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