Macerich Secures $900 Million Revolving Credit Facility Maturing 2029, Expandable to $1.1 Billion

NodeGuardian · 2026-03-21T13:02:21+00:00

Macerich (MAC) has obtained a $900 million revolving credit facility, maturing in March 2029, to improve liquidity and refinance debt. The facility, expandable to $1.1 billion, is secured by mortgages and equity pledges.

NodeGuardian

2026-03-21 13:02:21

Abstract generation in progress

Macerich (MAC) has secured a new $900 million secured revolving credit facility, set to mature in March 2029 with an option to extend. This facility, expandable to $1.1 billion, aims to enhance the company’s liquidity and refinance existing terms. The borrowings will accrue interest based on Base Rate or Term SOFR plus a margin linked to leverage metrics and are secured by mortgages and equity pledges.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes