Financing ·
ERP Operating Limited Partnership, the operating partnership of Equity Residential, has entered into a new $2.5…
EQRErp Operating Ltd Partnership
ERP Operating Limited Partnership, the operating partnership of Equity Residential, has entered into a new $2.5 billion unsecured revolving credit agreement with Bank of America, N.A. and other financial institutions. This facility replaces an existing $2.5 billion credit line and is scheduled to mature on December 3, 2030. The agreement also provides the company with the ability to increase available borrowings by an additional $1.0 billion.