secwatch.observer — SEC 8-K summary
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Issuer:     Easterly Government Properties, Inc. (DEA)
CIK:        0001622194
Form:       8-K
Filed at:   2024-01-25T23:59:59+00:00
Accession:  0000950170-24-007397
Event type: debt
Sentiment:  positive
Materiality: 0.45
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Easterly Government Properties extends $100M term loan to January 2025
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- Extended $100M unsecured term loan maturity from March 29, 2024 to January 30, 2025.
- Interest rate: SOFR + 0.10% credit spread + 1.20%-1.70% leverage spread; current spread 1.35%.
- Joint lead arrangers: PNC Capital Markets, U.S. Bank, Truist Securities; PNC Bank admin agent.
- CEO cites strong balance sheet and government tenant credit quality enabling favorable terms.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1622194/000095017024007397/0000950170-24-007397-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1622194/000095017024007397/dea-20240123.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-007397

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