Brixmor Closes $400 Million Unsecured Term Loan

• Brixmor Property Group's operating partnership closed a $400 million unsecured delayed-draw term loan to partly fund its Slate Grocery REIT acquisition.
• The loan matures February 15, 2031, with a 12-month extension option; initial pricing is 80 basis points over SOFR.
• Its $1.25 billion unsecured revolving credit facility's spread fell to 72.5 basis points over SOFR from 77.5 basis points.
• The existing $500 million term loan facility's spread declined to 80 basis points over SOFR from 85 basis points.
• Both amended facilities retain their size and maturity; Wells Fargo serves as administrative agent for the new loan.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Brixmor Property Group Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NY90275) on November 05, 2026, and is solely responsible for the information contained therein.