Scott Soshnick The New York Mets are seeking to extend their existing credit facilities for one year, giving the team’s owners a cushion while they seek a buyer amid a pandemic, two people familiar with the matter told Sportico.The club’s $250 million loan led by JPMorgan Chase & Co.
is scheduled to expire at the end of July, said the people, who were granted anonymity because the matter is private. The team controlled by the Wilpon family is seeking to push the term to July 31, 2021, the person said.The team declined to comment.
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