Cases & Deals

Wells Fargo amends existing $1 billion credit facility for real estate investment trust

Clients Wells Fargo Bank, National Association

Jones Day represented Wells Fargo Bank, National Association, as administrative agent, in connection with an amendment to its existing $1 billion syndicated credit facility provided to a real estate investment trust focused on acquiring, renovating, leasing, and operating single-family homes as rental properties. The amendment consisted of a $800 million revolving credit facility and a $200 million term loan facility.