GDI Property Group (ASX:GDI) extended the maturity date of tranche A of its syndicated facility by two years to February 2029 from February 2027, while the maturity date of tranche B and all other material terms and conditions remain unchanged, according to an Australian bourse filing on Tuesday after market hours.
The facility has a total limit of AU$421.5 million, evenly split between tranche A and tranche B, with AU$343.3 million currently drawn, the filing added.