Piedmont Realty Trust, Inc. (PDM) Form 8-K — May 28, 2026
Piedmont Realty Trust, Inc. (PDM) announced on May 28, 2026, that it and its operating partnership have entered into an amendment to their existing Term Loan Agreement. The amendment increases the total principal amount of the facility from $325 million to $400 million, adding $75 million in incremental debt capacity. The maturity date of the term loan has been extended to May 28, 2031.
Key figures
- Debt Amount
- 400000000
- Maturity date
- 2031-05-28
- Incremental amount
- 75000000
- Credit rating level
- 4
- Previous debt amount
- 325000000
- Applicable margin rfr
- 1.15
- Credit rating threshold
- BBB-/Baa3
- Applicable margin base rate
- 0.15
Price after filing
1 day: 0.0%7 days: +5.2%30 days: +9.0%
Close on the filing date to close N calendar days later (from $8.48). Historical, not a forecast.
AI analysis
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