iStar announced that it has received commitments from lenders to reprice its $497 million senior secured credit facility and increase the balance to $500 million. The term loan will now bear interest at an annual rate of LIBOR + 3.75% with a 1.00% LIBOR floor, a reduction from the prior rate of LIBOR + 4.50% with a 1.00% LIBOR floor. Call protection for lenders was reset for six months. All other terms of the facility, including its June 2020 maturity and 1.25x required collateral coverage, remain the same.