Alexandria real estate equities, inc. announces closing of its amended line of credit for additional commitments of $1 billion

Alexandria's banking syndicate continues to support the company's world-class brand, differentiated business model and labspace® market dominance increase in commitments available under its unsecured senior line of credit to $5.0 billion further bolsters alexandria's already impressive liquidity pasadena, calif. , june 29, 2023 /prnewswire/ -- alexandria real estate equities, inc. (nyse: are), the first, preeminent, longest-tenured and pioneering owner, operator and developer of collaborative life science, agtech and advanced technology campuses in aaa innovation cluster locations, today announced the increase in commitments available under its unsecured senior line of credit ("the amended agreement") from $4.0 billion to $5.0 billion — an impressive accomplishment fueled by the enduring strength of its balance sheet and the continuing secular growth of the over $5 trillion life science industry.
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