secwatch / observer
8-K filed October 18, 2023, 7:59 PM ET ticker GTY CIK 0001052752
debt confidence high sentiment neutral materiality 0.60

GETTY REALTY CORP /MD/ (GTY): debt financing — Getty Realty enters $150M unsecured term loan; $75M drawn, $75M accordion

GETTY REALTY CORP /MD/

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

GETTY REALTY CORP /MD/ incurred term loan of $150,000,000 with the lenders named therein at SOFR rate plus a SOFR adjustment of 0.10% plus a margin of 1.30% to 1.90% maturing October 17, 2025.

Instrument
term loan
Principal
$150,000,000
Counterparty
the lenders named therein
Rate
SOFR rate plus a SOFR adjustment of 0.10% plus a margin of 1.30% to 1.90%
Maturity
October 17, 2025
Event
incurrence
Exact text from the filing
On October 17, 2023, Getty Realty Corp. (the “Company”) entered into a term loan credit agreement that provides for a senior unsecured term loan (the "Term Loan") in an aggregate principal amount of $150,000,000 with the lenders named therein.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

GETTY REALTY CORP /MD/ entered into Term Loan with the lenders named therein valued at $150,000,000 (effective 2023-10-17).

Action
entry
Agreement
credit facility
Counterparty
the lenders named therein
Value
$150,000,000
Effective
2023-10-17
Exact text from the filing
On October 17, 2023, Getty Realty Corp. (the “Company”) entered into a term loan credit agreement that provides for a senior unsecured term loan (the "Term Loan") in an aggregate principal amount of $150,000,000 with the lenders named therein.
View on SEC.gov

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GETTY REALTY CORP /MD/ filing history →

Source: SEC EDGAR
accession 0000950170-23-053982
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