Vivmark Residential Expands US Commercial Paper Program to $2.5B

Corporate Action
โดย Seeking Alpha·US·Read original
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Vivmark Residential's ERP operating limited partnership has increased the maximum size of its U.S. dollar-denominated commercial paper program to $2.5B from $1.5B, the company said Thursday. The notes are sold under customary terms in the U.S. commercial paper note market and rank pari passu with all the operating partnership's other unsecured senior indebtedness. The notes will not be registered under the Securities Act of 1933 or state securities laws.

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Vivmark Residential's operating partnership expanded its US commercial paper program to $2.5B from $1.5B, boosting financing capacity.

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