(RTTNews) -  AMB Property Corp. (AMB: News ) said that it has refinanced its $325 million senior unsecured term loan facility, which was set to mature in September 2010, replacing it with a $345 million facility, maturing October 2012.

The facility was modified to include Euro and Yen tranches, with both the multi-currency and the U.S. dollar components currently priced at 275 basis points over the applicable LIBOR index.
The terms also include an option to increase the facility to $425 million at any time prior to October 2011.

Click here to receive FREE breaking news email alerts for AMB Property Corp and others in your portfolio

by RTT Staff Writer

For comments and feedback: contact editorial@rttnews.com