Brixmor Property Group closes $400 million unsecured term loan facility to fund the acquisition of Slate Grocery REIT and for general corporate purposes.
PUBLIC · BRXNov 05, 2026
Amount Raised
$400 Million
Round Type
Debt Financing
New YorkReal Estate
Investors
U.S. Bank National AssociationRoyal Bank Of CanadaPNC Capital Markets LLC
Description
Brixmor Property Group Inc. has closed on a new $400 million unsecured delayed-draw term loan facility. The proceeds will partially fund the acquisition of Slate Grocery REIT and serve for general corporate purposes. The loan matures on February 15, 2031
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Company Information
Company
Brixmor Property Group
Location
New York, New York, United States
About
Brixmor (NYSE: BRX) is a real estate investment trust (REIT) that owns and operates a high-quality, national portfolio of open-air shopping centers. Its 373 retail centers comprise approximately 66 million square feet of prime retail space in established trade areas. The Company strives to own and operate shopping centers that reflect Brixmor's vision "to be the center of the communities we serve" and are home to a diverse mix of thriving national, regional and local retailers. Brixmor is a proud real estate partner to over 5,000 retailers including The TJX Companies, The Kroger Co., Publix Super Markets and Ross Stores.
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