Getty Realty amends credit agreement to replace LIBOR with SOFR-based rates

On December 22, 2022, Getty Realty Corp., a Maryland corporation (the “Company”), entered into the First Amendment to the Second Amended and Restated Credit Agreement among certain of its subsidiaries, as guarantors (the “Guarantors”), and Bank of America, N.A., as Administrative Agent (the “Administrative Agent”), which amended the Second Amended and Restated Credit Agreement, dated as of October 27, 2021 (the “Existing Credit Agreement”), among the Company, the Guarantors from time to time party thereto, the lenders from time to time party thereto (the “Lenders”), the Administrative Agent and the L/C Issuers (as defined in the Existing Credit Agreement) from time to time party thereto. The purpose of the amendment was to transition the applicable interest rates and default rate from LIBOR-based rates to SOFR-based rates.