secwatch.observer — SEC 8-K summary
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Issuer:     Community Healthcare Trust Inc (CHCT)
CIK:        0001631569
Form:       8-K
Filed at:   2022-12-20T23:59:59+00:00
Accession:  0001104659-22-128654
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

CHCT enters interest rate swaps on $150M term loan with fixed rates 5.051%-5.384%
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- Entered swap agreements with four banks to fix interest rate on new $150M A-5 Term Loan under the Credit Agreement.
- Swap rates upon execution: 3.001% to 3.334%; adjusted for current Pricing Grid of 2.05% results in fixed rates of 5.051% to 5.384%.
- The A-5 Term Loan is part of the First Amendment to the Third Amended and Restated Credit Agreement dated Dec 14, 2022.
- Company locks in financing costs for seven-year and three-month term loan facility.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1631569/000110465922128654/0001104659-22-128654-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1631569/000110465922128654/tm2233152d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-128654

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