Rexford Industrial Realty Inc. has announced a significant amendment to its existing corporate loan agreement through the entry into a Fifth Amended and Restated Credit Agreement. The company, along with Rexford Industrial Realty, L.P., signed this agreement with Bank of America, N.A., serving as the administrative agent and a letter of credit issuer, alongside other participating lenders. This new agreement amends and restates the previous Fourth Amended and Restated Credit Agreement from May 2022. The revised credit facility includes a senior unsecured revolving credit facility amounting to $1.25 billion and a senior unsecured term loan facility totaling $700 million, divided into two tranches. The agreement features an accordion option, allowing for potential increases in the revolving commitments or the addition of new tranches, up to an aggregate of $1.05 billion. The maturity dates for the Term Loan A-1, Term Loan A-2, and the Revolving Credit Facility are set for May 2027, May 2030, and May 2029, respectively, with options for extension. This strategic financial arrangement aims to enhance Rexford's operational flexibility and support its growth initiatives.