secwatch.observer — SEC 8-K summary
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Issuer:     Community Healthcare Trust Inc (CHCT)
CIK:        0001631569
Form:       8-K
Filed at:   2024-10-16T23:59:59+00:00
Accession:  0001104659-24-109219
Event type: debt
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CHCT upsizes revolving credit facility to $400M, extends maturity to 2029
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- Revolving facility increased from $150M to $400M; maturity extended from March 2026 to October 2029.
- Proceeds used to repay $75M A-3 Term Loan (due March 2026); ~$123M remains outstanding under facility.
- Interest rate spread reduced by 10–30 bps (SOFR + 1.15%–1.75% depending on leverage).
- Next debt maturity now in March 2028 (A-4 Term Loan); total accordion capacity up to $875M.
- Facility supported by 12 lenders with Truist Bank as administrative agent.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1631569/000110465924109219/0001104659-24-109219-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1631569/000110465924109219/tm2426174d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-109219

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