---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-093346"
form_type: "8-K"
ticker: "CTO"
cik: "0000023795"
company_name: "CTO Realty Growth, Inc."
filed_at: "2025-09-25T23:59:59+00:00"
generated_at: "2026-05-17T05:43:18.313707+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# CTO Realty Growth closes $150M term loan financing, extends debt maturities

## Summary
- New $125M term loan due Sept 2030 and $25M upsizing of existing $100M 2029 facility.
- Proceeds used to retire $65M term loan due March 2026 and reduce revolver balance.
- Liquidity increased to approximately $165M as of closing.
- Initial fixed interest rate ~4.2% via SOFR swaps, adjusting to ~4.7% in March 2026.
- Syndicate led by KeyBank includes PNC, Regions, Truist, Raymond James, Synovus, Wells Fargo.

## SEC filing metadata
- accession: 0001104659-25-093346
- form_type: 8-K
- ticker: CTO
- cik: 0000023795
- company_name: CTO Realty Growth, Inc.
- filed_at: 2025-09-25T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/23795/000110465925093346/0001104659-25-093346-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/23795/000110465925093346/cto-20250925x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-093346
- JSON: https://secwatch.observer/filing/0001104659-25-093346.json
- Plain text: https://secwatch.observer/filing/0001104659-25-093346.txt

## Key facts
- Debt Financings
  CTO Realty Growth, Inc. amended term loan of increased from $100 million to $125 million.
  - Instrument: term loan
  - Principal: increased from $100 million to $125 million
  - Event: amendment
  source text: the aggregate principal amount of the 2029 Facility was increased from $100 million to $125 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/23795/000110465925093346/0001104659-25-093346-index.htm
- Debt Financings
  CTO Realty Growth, Inc. incurred term loan of $125 million with KeyBank National Association at Applicable Margin plus the Base Rate, or Applicable Margin plus Daily Simple SOF.
  - Instrument: term loan
  - Principal: $125 million
  - Counterparty: KeyBank National Association
  - Rate: Applicable Margin plus the Base Rate, or Applicable Margin plus Daily Simple SOF
  - Event: incurrence
  source text: a new incremental term loan facility (the “2030 Facility” and, together with the 2029 Facility, the “Facilities”) in an aggregate principal amount of $125 million was added to the Credit Agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/23795/000110465925093346/0001104659-25-093346-index.htm

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