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Federal Realty Investment Trust Announces First Quarter 2020 Operating Results - News released on Wed, 06 May 2020 16:12:27 -0400 - REITNewsHeadlines- 2020-05-09 20:25:23 PDT

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Federal Realty Investment Trust called out in their first quarter 2020 report that they drew down $990 million of the $1 billion revolving credit facility in March 2020, and closed on a new $400 million unsecured term loan. Proceeds will be used to repay balances outstanding under Federal Realty’s $1 billion credit facility. Even though #FRT is a top-notch REIT I will wait before I decide to invest in them during this whole pandemic crisis. - Paul_R_investor - 2020-05-09 20:25:23 PDT

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