STORE+Capital+Corporation (NYSE: STOR), an internally managed net-lease real estate investment trust (REIT) that invests in Single Tenant Operational Real Estate, today announced that it has amended and extended its existing revolving credit facility. The recast $600 million unsecured revolving credit facility has an expanded accordion feature of $1 billion, upsized from $800 million, for a total maximum borrowing capacity of $1.6 billion. The credit facility matures in June 2025 and features two six-month extension options, subject to certain conditions. The amendment also lowers the current interest rate to LIBOR plus 85 basis points, a reduction of 15 basis points from the prior revolving credit facility.
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