Landmark amends credit agreement to add new borrows, guarantors

By Tali Rackner

Minneapolis, Aug. 3 – Landmark Infrastructure Partners LP entered into a second amended and restated credit agreement on July 31 with SunTrust Bank as administrative agent and SunTrust Robinson Humphrey, Inc., as lead arranger and bookrunner, according to an 8-K filing with the Securities and Exchange Commission.

The amendment:

• Adds two of Landmark’s new subsidiaries, Landmark Infrastructure Inc. and Landmark Infrastructure Asset OpCo II LLC, as borrowers under the credit agreement;

• Adds the following subsidiaries of the partnership as guarantors under the agreement and the related loan documents: Landmark Infrastructure REIT LLC, Landmark Infrastructure Reitco I LLC, Landmark Infrastructure Reitco II LLC, Landmark Infrastructure Reitco III LLC, LD Tall Wall I LLC, RE Astoria LandCo LLC, RE Garland LandCo LLC, RE Garland A LandCo LLC, RE Mustang LandCo LLC, GWR Partners GP LLC and GWR Partners LP LLC; and

• Adds customary provisions to reflect European Union “bail-in” directive legislation.

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

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