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Cousins Properties boosts borrowing firepower

Published 01/04/2018, 04:31 PM
© Reuters.  Cousins Properties boosts borrowing firepower
CUZ
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  • Cousins (NYSE:CUZ) announces the closing of a five-year $1B unsecured credit facility, replacing a previous $500M facility that was set to expire in May 2019.
  • "This new facility, when combined with our simple, low-levered balance sheet, positions Cousins to take advantage of future investment opportunities as they arise," says CEO Larry Gellerstedt.
  • Source: Press Release
  • Now read: City Office Knows How To Move The Needle


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