---
schema_version: "secwatch.filing_event.v1"
accession: "0000104894-21-000080"
form_type: "8-K"
ticker: "ELME"
cik: "0000104894"
company_name: "Elme Communities"
filed_at: "2021-08-26T23:59:59+00:00"
generated_at: "2026-06-29T07:27:44.368373+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Washington REIT enters $700M revolving credit facility, extends maturity to 2025

## Summary
- Second Amended and Restated Credit Agreement provides $700M revolving credit facility maturing August 26, 2025.
- Existing $250M term loan facility continues, maturing July 21, 2023; no revolving loans drawn at closing.
- Pricing: LIBOR + 0.70%-1.40% (revolver) and LIBOR + 0.85%-1.75% (term loan), based on credit rating.
- Facility includes sustainability-linked pricing adjustment and option to increase total commitments to $1.5B.
- Financial covenants unchanged: max total-debt/total-asset value 0.60x, min adjusted EBITDA/fixed charges 1.50x.

## SEC filing metadata
- accession: 0000104894-21-000080
- form_type: 8-K
- ticker: ELME
- cik: 0000104894
- company_name: Elme Communities
- filed_at: 2021-08-26T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/104894/000010489421000080/0000104894-21-000080-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/104894/000010489421000080/wre-20210826.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000104894-21-000080
- JSON: https://secwatch.observer/filing/0000104894-21-000080.json
- Plain text: https://secwatch.observer/filing/0000104894-21-000080.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.