other_material
confidence high
sentiment neutral
materiality 0.50
Safehold amends RCF credit agreement to align financial covenants with recent term loan A facility
Safehold Inc.
- Second Amendment to RCF Credit Agreement dated Dec 5, 2025 conforms financial covenants to those in Nov 25 term loan A.
- New minimum EBITDA-to-fixed-charges ratio: 1.15:1.00.
- Minimum unencumbered assets to unsecured debt ratio: 1.25:1.00; maximum secured debt to asset value: 50%.
- Amendment entered by Safehold GL Holdings (borrower), Safehold Inc. (guarantor), JPMorgan Chase Bank as agent.
item 1.01item 2.03item 9.01