secwatch.observer — SEC 8-K summary
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Issuer:     Piedmont Realty Trust, Inc. (PDM)
CIK:        0001042776
Form:       8-K
Filed at:   2022-12-14T23:59:59+00:00
Accession:  0001042776-22-000197
Event type: debt
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 2.03, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Piedmont extends $200M term loan to June 2025; appoints Mary Hager to board
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1042776/000104277622000197/0001042776-22-000197-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1042776/000104277622000197/pdm-20221213.htm
  HTML page:      https://secwatch.observer/filing/0001042776-22-000197

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer