secwatch.observer — SEC 8-K summary
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Issuer:     Rexford Industrial Realty, Inc. (REXR)
CIK:        0001571283
Form:       8-K
Filed at:   2022-05-27T23:59:59+00:00
Accession:  0001193125-22-161585
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rexford Industrial enters $1.3B credit facilities: $300M term loan and $1B revolver
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- Fourth Amended and Restated Credit Agreement provides $300M term loan (fully drawn) and $1B revolver.
- Term loan matures May 26, 2027; revolver matures May 26, 2026 with two six-month extension options.
- Proceeds used to repay existing $150M term loan, reduce revolver balance, and for general corporate purposes.
- Pricing tied to debt ratings (BBB-/Baa3 to A-/A3) and leverage ratio; includes sustainability-linked adjustments.
- Incremental term loans up to $1.2B available subject to conditions and lender availability.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1571283/000119312522161585/0001193125-22-161585-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1571283/000119312522161585/d371073d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-161585

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