---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-004415"
form_type: "8-K"
ticker: "JBGS"
cik: "0001689796"
company_name: "JBG SMITH Properties"
filed_at: "2022-01-14T23:59:59+00:00"
generated_at: "2026-06-27T17:58:12.911818+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# JBG SMITH enters $200M term loan, amends credit agreement on Jan 14, 2022

## Summary
- New $200M senior unsecured term loan matures Jan 14, 2025; fully drawn to repay existing tranche A-1 term loan.
- Interest rate: Term SOFR + 1.05%–1.65%, Daily SOFR + 1.05%–1.65%, or base rate + 0.05%–0.65%.
- Amendment reduces cap rate for multifamily properties from 6.0% to 5.75% in financial covenant calculations.
- Sustainability margin adjustment allows margin decrease upon achieving certain ESG metrics.
- Existing $1.0B revolver ($300M drawn) and $200M tranche A-2 term loan remain unchanged.

## SEC filing metadata
- accession: 0001104659-22-004415
- form_type: 8-K
- ticker: JBGS
- cik: 0001689796
- company_name: JBG SMITH Properties
- filed_at: 2022-01-14T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1689796/000110465922004415/0001104659-22-004415-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1689796/000110465922004415/tm222833d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-004415
- JSON: https://secwatch.observer/filing/0001104659-22-004415.json
- Plain text: https://secwatch.observer/filing/0001104659-22-004415.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.