Piedmont Realty Trust, Inc. (PDM): debt financing — Piedmont extends $200M term loan to June 2025; appoints Mary Hager to board

Piedmont Realty Trust, Inc.

Amended $200M unsecured term loan facility to extend final maturity to June 18, 2025, with a six-month extension option.
Mary Hager (Executive Director at Greystar) appointed to board effective Dec 13, 2022, expanding board to nine members.
Hager will serve on Nominating and Governance Committee; compensation same as other non-employee directors.
Hager co-leads Greystar-Thackeray and commercial real estate; prior Co-CEO and co-founder of Thackeray Partners.
All other material terms of the term loan facility remain unchanged.

item 1.01 item 2.03 item 5.02 item 9.01

Executive movements

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Appointed

Mary Hager

director

PDM · Piedmont Realty Trust, Inc.

Effective: 2022-12-13
Filed: December 14, 2022, 6:59 PM ET

appointed Mary Hager to serve as a director of the Registrant, effective December 13, 2022.

Key facts

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

Piedmont Realty Trust, Inc. amended credit facility of $200 Million maturing June 18, 2025.

Instrument: credit facility
Principal: $200 Million
Maturity: June 18, 2025
Event: amendment

Exact text from the filing

amended its $200 Million Unsecured Term Loan Facility (the "Amended $200 Million Unsecured Term Loan Facility") to extend the final maturity date to June 18, 2025, inclusive of a six month extension option. All other material terms of the facility remain unchanged.

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Executive change SEC 8-K Item 5.02 confidence 1.0

Mary Hager was appointed as director at Piedmont Realty Trust, Inc..

Action: appointed
Role: director

Exact text from the filing

appointed Mary Hager to serve as a director of the Registrant, effective December 13, 2022.

View on SEC.gov

73 debt financings filed in the last 30 days. Browse all debt financings →

Piedmont Realty Trust, Inc. filing history →

Source: SEC EDGAR

accession 0001042776-22-000197

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