Strategic Storage Trust VI, Inc. (SGST): debt financing — Strategic Storage Trust VI amends credit facility to $107.6M, extends maturity to Nov 2025

Strategic Storage Trust VI, Inc.

Borrowing capacity increased from $100M to approximately $107.6M under Huntington Credit Facility.
Maturity date extended by one year to November 30, 2025.
Two additional special purpose entities added as borrowers; drew ~$12.5M of new capacity.
Certain other covenants modified per the Huntington Amendment dated April 13, 2023.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Strategic Storage Trust VI, Inc. amended credit facility of increase the borrowing capacity up to approximately $107.6 million with Huntington National Bank maturing November 30, 2025.

Instrument: credit facility
Principal: increase the borrowing capacity up to approximately $107.6 million
Counterparty: Huntington National Bank
Maturity: November 30, 2025
Event: amendment

Exact text from the filing

On April 13, 2023, the Company and Huntington amended the Huntington Credit Facility to: (i) increase the borrowing capacity up to approximately $107.6 million, (ii) extend the maturity date by one-year until November 30, 2025, (iii) add two additional special purpose entities as borrowers under the loan (the “Additional Borrowers”), and (iv) modify certain other covenants (the “Huntington Amendment”).

View on SEC.gov

Browse all debt financings →

Strategic Storage Trust VI, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-23-013436

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.