Getty Realty Corp. Announces New $200 Million Unsecured Term Loan
Getty Realty entered into a new $200 million senior unsecured term loan with existing lenders, maturing October 2028 with three twelve-month extension options. Proceeds repaid revolver borrowings, including amounts that funded part of the recently completed Refuel transaction. The effective rate at closing was 5.03%.
Key figures
- Deal Value Usd
- 200000000
- Maturity
- October 16, 2028
- Extension options
- three twelve-month extensions at company's option
- Sofr margin range
- 0.75%-1.55%
- Effective interest rate at closing
- 5.03%
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.