secwatch / observer
8-K filed May 8, 2026, 7:59 PM ET ticker ILPT CIK 0001717307
debt confidence high sentiment neutral materiality 0.70

Industrial Logistics Properties Trust (ILPT): debt financing — ILPT Mountain JV closes $1.62B loan at 5.71% fixed, repays $1.6B existing debt

Industrial Logistics Properties Trust

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Industrial Logistics Properties Trust incurred credit facility of $1.62 billion loan with Wells Fargo Bank, National Association, Citi Real Estate Funding Inc., Morgan Stanley Bank, N.A., Bank of America, N.A., Bank of Montreal and UBS AG New York Branch at weighted average fixed rate of 5.71% per annum maturing May 2031.

Instrument
credit facility
Principal
$1.62 billion loan
Counterparty
Wells Fargo Bank, National Association, Citi Real Estate Funding Inc., Morgan Stanley Bank, N.A., Bank of America, N.A., Bank of Montreal and UBS AG New York Branch
Rate
weighted average fixed rate of 5.71% per annum
Maturity
May 2031
Event
incurrence
Exact text from the filing
Stanley Bank, N.A., Bank of America, N.A., Bank of Montreal and UBS AG New York Branch, or collectively, the lenders, pursuant to which Mountain JV obtained, in aggregate, a $1.62 billion loan secured by 90 of its properties, or the Loan . Also on May 8, 2026, we entered into a guaranty in favor of the lenders, pursuant to which we guaranteed certain limited
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Industrial Logistics Properties Trust terminated a credit facility with Citi Real Estate Funding Inc., UBS AG New York Branch, Bank of America, N.A., Bank of Montreal and Morgan Stanley Bank, N.A. valued at $1.4 billion (effective 2026-05-08).

Action
termination
Agreement
credit facility
Counterparty
Citi Real Estate Funding Inc., UBS AG New York Branch, Bank of America, N.A., Bank of Montreal and Morgan Stanley Bank, N.A.
Value
$1.4 billion
Effective
2026-05-08
Exact text from the filing
and then terminated the agreement governing the floating rate mortgage loan in accordance with its terms and without penalty.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Industrial Logistics Properties Trust entered into a credit facility with Wells Fargo Bank, National Association, Citi Real Estate Funding Inc., Morgan Stanley Bank, N.A., Bank of America, N.A., Bank of Montreal and UBS AG New York Branch valued at $1.62 billion (effective 2026-05-08).

Action
entry
Agreement
credit facility
Counterparty
Wells Fargo Bank, National Association, Citi Real Estate Funding Inc., Morgan Stanley Bank, N.A., Bank of America, N.A., Bank of Montreal and UBS AG New York Branch
Value
$1.62 billion
Effective
2026-05-08
Exact text from the filing
On May 8, 2026, certain subsidiaries of our consolidated joint venture, Mountain Industrial REIT LLC, or Mountain JV, entered into a mortgage loan agreement with Wells Fargo Bank, National Association, Citi Real Estate Funding Inc., Morgan Stanley Bank, N.A., Bank of America, N.A., Bank of Montreal and UBS AG New York Branch, or collectively, the lenders, pursuant to which Mountain JV obtained, in aggregate, a $1.62 billion loan secured by 90 of its properties, or the Loan.
View on SEC.gov

Browse all debt financings →

Industrial Logistics Properties Trust filing history →

Source: SEC EDGAR
accession 0001104659-26-057953
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.