---
schema_version: "secwatch.filing_event.v1"
accession: "0000921082-22-000025"
form_type: "8-K"
ticker: "HIW"
cik: "0000921082"
company_name: "HIGHWOODS PROPERTIES, INC."
filed_at: "2022-05-26T23:59:59+00:00"
generated_at: "2026-06-25T07:01:44.306378+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Highwoods extends $200M term loan to 2026, adds $150M delayed-draw term loan

## Summary
- $200M unsecured term loan maturity extended from Nov 2022 to May 2026.
- New $150M delayed-draw term loan matures May 2027; must be drawn within 90 days.
- Interest rates on term loans and $750M revolver converted to SOFR + spread; sustainability metric may reduce rate 1 bp.
- Accordion feature on revolver reduced from $550M to $400M.
- Proceeds from new loan for working capital, development, acquisitions, and debt repayment.

## SEC filing metadata
- accession: 0000921082-22-000025
- form_type: 8-K
- ticker: HIW
- cik: 0000921082
- company_name: HIGHWOODS PROPERTIES, INC.
- filed_at: 2022-05-26T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/921082/000092108222000025/0000921082-22-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/921082/000092108222000025/hiw-20220524.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000921082-22-000025
- JSON: https://secwatch.observer/filing/0000921082-22-000025.json
- Plain text: https://secwatch.observer/filing/0000921082-22-000025.txt

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