Bankers said First Union and FleetBoston Financial closed syndication last week on their four-year, $425 million credit for HRPT Properties Trust (LMW, 4/9) with a 14-member group syndicate including FleetBoston Financial as syndication agent, and Commerzbank and Bank of New York as documentation agents. Other lenders participating in the facility include AmSouth Bank, Citizens Bank, Sun Trust Bank, Bank of Ireland, Chevy Chase Bank, Eastern Bank, National Bank of Egypt, RZB Finance and Bank Leumi.
First Union, Fleet Close REIT Deal