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Landmark Infrastructure Partners LP Expands Revolving Credit Facility to $367 million to Support Acquisition Growth

EL SEGUNDO, Calif., June 01, 2017 (GLOBE NEWSWIRE) -- Landmark Infrastructure Partners LP (the “Partnership”) (NASDAQ:LMRK) announced today that it has signed an amendment to its revolving credit facility, increasing the Partnership's borrowing capacity by $85 million to $367 million. “The Partnership continues to execute on its core business strategy while expanding its focus to take advantage of very attractive market opportunities,” said Tim Brazy, CEO of the Partnership’s General Partner.  “The expansion of our credit facility will provide the Partnership with additional financing flexibility and liquidity to fund future acquisitions and pursue growth opportunities.”

About Landmark Infrastructure Partners LP

The Partnership is a growth-oriented master limited partnership formed to acquire, own and manage a portfolio of real property interests that the Partnership leases to companies in the wireless communication, outdoor advertising and renewable power generation industries.  Headquartered in El Segundo, California, the Partnership owns and manages a diversified portfolio of real property interests, which includes long-term and perpetual easements, tenant lease assignments and fee simple properties, primarily located in the United States.

 

CONTACT:
Marcelo Choi
Vice President, Investor Relations
(213) 788-4528
ir@landmarkmlp.com

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