Curbline Properties enters $150M term loan facility; all-in rate fixed at 4.609%

Curbline Properties Corp.

Borrowed $150M under Term Loan Agreement with PNC Bank as administrative agent; facility can be increased to $250M.
Maturity January 2029 with two one-year extension options; proceeds for general corporate purposes and future acquisitions.
Variable-rate loan hedged via forward swap fixing SOFR at 3.659%; all-in rate fixed at 4.609% through January 2031.
Covenants include leverage ratios, debt service coverage, fixed-charge coverage, and restrictions on asset sales/mergers.

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