Douglas Emmett (DEI) Enters New $155M Term Loan
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Douglas Emmett, Inc. (NYSE: DEI), announced that it has obtained a secured, non-recourse $155 million term loan.
The loan bears interest at a fixed rate of 4.00% per annum and matures on February 1, 2019. Douglas Emmett’s remaining 2012 maturities have been reduced to a single $300 million loan due in August.
The loan bears interest at a fixed rate of 4.00% per annum and matures on February 1, 2019. Douglas Emmett’s remaining 2012 maturities have been reduced to a single $300 million loan due in August.
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