Urban Edge Properties has secured $950 million in unsecured credit facilities, increasing its borrowing capacity by $150 million and extending maturities. The new arrangement includes a $700 million revolving credit facility, down from $800 million, with the maturity extended to June 2030 and two optional six-month extensions. Additionally, the company established $250 million in delayed-draw term loans, split into $125 million 5-year and 7-year components, maturing in June 2031 and January 2033, respectively. The credit facilities, which feature accordion options to increase borrowing up to $1.275 billion with lender consent, involve several major financial institutions including Wells Fargo, PNC, TD Securities, Truist, U.S. Bank, Bank of America, Goldman Sachs, JPMorgan Chase, and Morgan Stanley. No amounts are currently drawn, and the proceeds will support Urban Edge Properties’ growth plans. Interest rates are based on SOFR plus a spread determined by the company’s leverage ratio.

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. Urban Edge Properties published the original content used to generate this news brief via Business Wire (Ref. ID: 20260122967442) on January 22, 2026, and is solely responsible for the information contained therein.