India, March 31 -- BXP, Inc. (BXP), a real estate investment trust, on Monday announced that its operating partnership Boston Properties Limited Partnership has amended its credit agreements by expanding its unsecured credit facility to $2.95 billion and commercial paper to $750 million.
The company extends the maturity of its unsecured revolving credit facility and increases its revolver borrowing capacity by $250 million to $2.25 billion. The facility's maturity was extended by five years to March 2030.
The revolving credit facility has a 0.20% annual fee, with loans carrying a variable interest rate of Term SOFR plus 0.85%.
It also extended a $700 million unsecured term loan and raised its commercial paper program unsecured notes by $...