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Latham & Watkins Advises INDUS on New Revolving Credit Facility

August 9, 2021
A real estate finance team advises the real estate business on the transaction.

INDUS Realty Trust, Inc., a US based industrial and logistics REIT, announced that INDUS, as parent guarantor, INDUS RT, LP, as borrower, and certain subsidiaries of INDUS RT, LP as guarantors, have entered into a secured revolving credit facility of up to US$100 million that replaces certain of the Company’s existing credit lines.

Latham & Watkins LLP represented INDUS in the transaction with a real estate finance team led by Los Angeles partner Pablo Clarke and associate Steven Mach. Advice was also provided on tax matters by Los Angeles partner Pardis Zomorodi and on ERISA matters by New York partner Austin Ozawa and associate Anne Bracaglia.