secwatch / observer
8-K filed July 28, 2023, 7:59 PM ET ticker JBGS CIK 0001689796
debt confidence high sentiment neutral materiality 0.50

JBG SMITH amends $600M term loans to align covenants with new revolving facility

JBG SMITH Properties

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.98

JBG SMITH Properties amended First Amendment to Credit Agreement (Tranche A-2) with Wells Fargo Bank, National Association valued at amends unsecured term loan with principal amount of $400 million (effective 2023-07-24).

Action
amendment
Agreement
credit facility
Counterparty
Wells Fargo Bank, National Association
Value
amends unsecured term loan with principal amount of $400 million
Effective
2023-07-24
Exact text from the filing
On July 24, 2023, JBG SMITH LP entered into a First Amendment to Credit Agreement (the “First Amendment”) with Wells Fargo Bank, National Association, as administrative agent, and the lenders party thereto, which amends the existing Credit Agreement, dated July 29, 2022, by and among JBG SMITH LP, Wells Fargo Bank, National Association , as administrative agent, and the lenders from time to time party thereto (the “Existing Tranche A-2 Credit Agreement”).
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.98

JBG SMITH Properties amended Second Amendment to Credit Agreement with Wells Fargo Bank, National Association valued at amends unsecured term loan with principal amount of $200 million (effective 2023-07-24).

Action
amendment
Agreement
credit facility
Counterparty
Wells Fargo Bank, National Association
Value
amends unsecured term loan with principal amount of $200 million
Effective
2023-07-24
Exact text from the filing
On July 24, 2023, JBG SMITH Properties LP (“JBG SMITH LP”), the operating partnership of JBG SMITH Properties (the “Company”), entered into a Second Amendment to Credit Agreement (the “Second Amendment”) with Wells Fargo Bank, National Association, as administrative agent, and the lenders party thereto, which amends the existing Credit Agreement, dated January 14, 2022, by and among JBG SMITH LP, Wells Fargo Bank, National Association , as administrative agent, and the lenders from time to time party thereto (as amended by the First Amendment to Credit Agreement dated July 29, 2022, the “Existing Tranche A-1 Credit Agreement”).
View on SEC.gov

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JBG SMITH Properties filing history →

Source: SEC EDGAR
accession 0001104659-23-085310
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