GETTY REALTY CORP /MD/ (GTY) Form 8-K — Oct 19, 2026
Getty Realty Corp. (NYSE: GTY) entered into a new $200 million senior unsecured term loan on October 16, 2026, structured as an amendment to its existing credit agreement with Bank of America as administrative agent. Proceeds were used to repay amounts outstanding under its revolving credit facility, including borrowings that funded a portion of the recently completed Refuel transaction. The Term Loan matures October 16, 2028, with three twelve-month extension options, and bears interest at SOFR plus 0.75% to 1.55% (or base rate plus 0.00% to 0.50%), with an effective rate at closing of 5.03%.
Key figures
- Debt Amount
- 200000000
- Interest Rate
- 5.03
- Maturity Date
- October 16, 2028 (per press release; three 12-month extension options)
- Sofr margin range
- 0.75% to 1.55%
- Base rate margin range
- 0.00% to 0.50%
- Spread adjustment removed
- 10.0 basis points SOFR adjustment on Revolver
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.