Duke Realty Corp. (DRE) said that it has renewed its unsecured revolving credit facility, which was set to mature in January 2010.
Under terms of the renewal, the facility has a borrowing capacity of $850 million with an interest rate on borrowings of 275 basis points over the applicable LIBOR rate, and matures in February 2013.
The terms also include an option to increase the facility to $1.05 billion. There is currently no balance outstanding under the facility.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.