---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-026068"
form_type: "8-K"
ticker: "DEA"
cik: "0001622194"
company_name: "Easterly Government Properties, Inc."
filed_at: "2023-06-02T23:59:59+00:00"
generated_at: "2026-06-14T08:17:30.005460+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Easterly Government Properties amends credit facilities to add daily simple SOFR benchmark rate option

## Summary
- Amended credit and term loan agreements to include daily simple SOFR benchmark with 0.10% credit spread adjustment.
- Other material terms, including facility size and covenants, remain unchanged.
- Amendment effective May 30, 2023; syndicate led by Citibank, Wells Fargo, PNC.
- Ordinary-course banking relationships with lenders continue unchanged.

## SEC filing metadata
- accession: 0000950170-23-026068
- form_type: 8-K
- ticker: DEA
- cik: 0001622194
- company_name: Easterly Government Properties, Inc.
- filed_at: 2023-06-02T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1622194/000095017023026068/0000950170-23-026068-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1622194/000095017023026068/dea-20230530.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-026068
- JSON: https://secwatch.observer/filing/0000950170-23-026068.json
- Plain text: https://secwatch.observer/filing/0000950170-23-026068.txt

## Key facts
- Material Agreements
  Easterly Government Properties, Inc. amended Credit Agreement Amendment with Citibank, N.A., as administrative agent, and the other lenders party thereto (effective 2023-05-30).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Citibank, N.A., as administrative agent, and the other lenders party thereto
  - Effective: 2023-05-30
  source text: On May 30, 2023, Easterly Government Properties, Inc. (the “Company”), its operating partnership, Easterly Government Properties LP (the “Operating Partnership”), and certain subsidiaries of the Operating Partnership entered into the Third Amendment to Second Amended and Restated Credit Agreement (the “Credit Agreement Amendment”) with Citibank, N.A., as administrative agent, Wells Fargo Bank, N.A. and PNC Bank, National Association, as co-syndication agents, BMO Harris Bank, N.A., Raymond James Bank, Royal Bank of Canada and Truist Bank, as co-documentation agents, and Citibank, N.A., Wells Fargo Securities, LLC and PNC Capital Markets LLC, as joint lead arrangers and joint book running managers, and the other banks, financial institutions and other institutional lenders party thereto as initial lenders and initial issuing banks, which amended certain terms of the Second Amended and Restated Credit Agreement, dated as of July 23, 2021 (as amended, the “Credit Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1622194/000095017023026068/0000950170-23-026068-index.htm
- Material Agreements
  Easterly Government Properties, Inc. amended Term Loan Amendment with PNC Bank, National Association, as administrative agent, and the other lenders party thereto (effective 2023-05-30).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: PNC Bank, National Association, as administrative agent, and the other lenders party thereto
  - Effective: 2023-05-30
  source text: On May 30, 2023, the Company, the Operating Partnership and certain of the Company’s subsidiaries entered into a sixth amendment (the “Term Loan Amendment”) to its senior unsecured term loan agreement, dated as of September 29, 2016, with PNC Bank, National Association, as administrative agent, and certain lenders party thereto from time to time (as amended, the “Term Loan Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1622194/000095017023026068/0000950170-23-026068-index.htm

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