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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowDuke Realty Corp. has renewed an unsecured revolving credit agreement, which now has a borrowing capacity of $850 million,
the Indianapolis-based company said Friday.
The line of credit was set to mature in January. It is now set to mature
in February of 2013.
The renewed credit deal includes an option to boost the value to $1.05 billion.
JPMorgan
Securities and Wells Fargo Securities were the lead arrangers and book managers for the agreement.
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