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EX-10.1 - EX-10.1 - AMERICOLD REALTY TRUST | d522294dex101.htm |
8-K - 8-K - AMERICOLD REALTY TRUST | d522294d8k.htm |
Exhibit 99.1
Americold Realty Trust Announces Partial Repayment of Amounts Outstanding on Term Loan
and Expansion of Revolver Capacity
ATLANTA, February 6, 2018 Americold Realty Trust (NYSE: COLD) (the Company or Americold) announced today that it has utilized cash on hand to repay $50 million on its outstanding senior term loan A facility that was originated at the time of the Companys initial public offering (IPO). Subsequent to the repayment, the total outstanding balance under the Companys senior term loan A facility is $475 million.
Concurrently, the Companys lender group increased its aggregate revolving credit commitments on the Companys existing $400 million senior revolving credit facility by $50 million to $450 million. As a result of these modifications, the Companys total aggregate commitments under its senior credit facility remain unchanged at $925 million.
About Americold Realty Trust
Americold is the worlds largest owner of temperature-controlled warehouses. Based in Atlanta, Georgia, Americold owns and operates 160 temperature-controlled warehouses, with approximately 1 billion cubic feet of storage, in the United States, Canada, Australia, New Zealand and Argentina. Americolds facilities are an integral component of the supply chain connecting food producers, processors, distributors and retailers to consumers. Americold serves over 2,600 customers and employs approximately 11,000 associates worldwide.
Contacts:
Investor Relations
Americold Realty Trust
10 Glenlake Parkway
Suite 600, South Tower
Atlanta, GA 30328
Telephone: 678-459-1959
Email: investor.relations@americold.com