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Stock impact report

Does Urban Edge's Extended Credit Facilities and Pushed-Out Maturities Change The Bull Case For UE? [Yahoo! Finance]

Urban Edge Properties Common Shares of Beneficial Interest (UE) 
Last urban edge properties common shares of beneficial interest earnings: 4/29 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.uedge.com
Company Research Source: Yahoo! Finance
revolving credit facility from US$700,000,000 to US$700,000,000, extends the maturity to June 2030, and adds new delayed-draw term loans maturing in 2031 and 2033. This package of US$950,000,000 in unsecured credit facilities, complete with accordion features and leverage-linked pricing, meaningfully enhances the REIT's funding flexibility and pushes out its debt maturity profile as it pursues growth plans. We'll now examine how this expanded, longer-dated borrowing capacity shapes Urban Edge Properties' investment narrative and its approach to future growth. Trump has pledged to "unleash" American oil and gas and these 22 US stocks have developments that are poised to benefit To own Urban Edge Properties, you need to be comfortable with a retail-focused REIT that has recently seen earnings and margin pressure, yet still carries a valuation that looks reasonable versus peers and some DCF estimates. The new US$950,000,000 unsecured credit package slots into that story as a bala Show less Read more
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