Landmark Infrastructure taps accordion, lifts revolver to $250 million

By Toni Weeks

San Luis Obispo, Calif., June 8 – Landmark Infrastructure Partners LP wholly owned subsidiary Landmark Infrastructure Operating Co. LLC exercised the accordion option under its amended and restated credit agreement dated Nov. 19, 2014, resulting in overall commitments of $250 million, according to an 8-K filing with the Securities and Exchange Commission.

The company added commitments of $60 million to the $190 million senior secured revolving credit facility via a joinder agreement on June 3.

SunTrust Bank is the administrative agent. SunTrust Robinson Humphrey, Inc. is the lead arranger.

The El Segundo, Calif., company leases real estate.

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