Forest City raises credit facility to $750 mln

Tue Feb 5, 2008 11:11pm GMT
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Feb 5 (Reuters) - Forest City Enterprises Inc (FCEa.N: Quote, Profile, Research) (FCEb.N: Quote, Profile, Research) said it expanded its bank credit facility to $750 million.

The expansion represents a $150 million increase in the availability of the company's credit facility, the real-estate owner and developer said in a statement. (Reporting by Purwa Naveen Raman in Bangalore; Editing by Vinu Pilakkott)

 
 
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