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Financing ·

Essex Property Trust replaces $1.2B revolving credit facility with up to $1.5B capacity, adds $300M term loan and $750M CP program

ESSEssex Property Trust, Inc.

Essex Property Trust, Inc. replaced its $1.2 billion revolving credit facility with a new facility providing up to $1.5 billion in capacity through January 2030. The company also entered into a $300 million unsecured term loan maturing in 2028 and established a new $750 million unsecured commercial paper program.

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