AHH - Armada Hoffler increases capacity of its unsecured credit facility to $550M

• Armada Hoffler ( NYSE: AHH ) has increased the capacity of its existing $355M unsecured credit facility to $550M.
• The credit facility is comprised of a $250M unsecured revolving line of credit and a $300M unsecured term loan and includes an accordion option to increase the total capacity to $1.0B
• The revolving line of credit and term loan now mature in January 2027 and 2028, respectively.
• The amended and restated credit facility contains positive structural changes to certain financial covenants and includes a sustainability-linked pricing component that potentially reduces the applicable interest rate margin.

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