Phillips Edison - ARC Shopping Center REIT Inc. announced that it has increased the borrowing capacity of its senior secured revolving credit facility, agented by KeyBank National Association (KeyBank) from $40 million to $88 million. This loan facility with KeyBank has an accordion feature that allows the Company to further increase the capacity up to $250 million, subject to the terms and conditions of the facility.
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- Phillips Edison - ARC Shopping Center REIT Inc. Increases the Borrowing Capacity of its Senior Secured Revolving Credit Facility