The line of credit now includes the following new participating lenders, according to a news release: JPMorgan Chase Bank, SunTrust Bank, RBS Citizens, Comerica Bank and Seaside National Bank & Trust. They join an initial group of leaders that included KeyBank as the lead arranger and administrative agent with Bank of America, Fifth Third Bank, PNC Bank and Cadence Bank as additional participants.
CNL also has the option to expand the line of credit to as much as $325 million through additional capacity, according to the release.
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