Griffin upsizes revolving credit facility to $575 million

Griffin Global Asset Management has added Truist Bank with a $50 million commitment into its unsecured revolving credit facility. The transaction closed December 29, 2023, and increases the amount available in the facility to $575 million. “We have had a long-term relationship with the Truist team and are pleased that they have been able to provide additional borrowing capacity to our RCF,” said Griffin CFO John Beekman. “Griffin’s credit profile continues to strengthen as we increase scale and unsecure our balance sheet and we would like to thank our existing banking partners for their continued support.”