secwatch.observer — SEC 8-K summary
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Issuer:     Terreno Realty Corp (TRNO)
CIK:        0001476150
Form:       8-K
Filed at:   2022-07-05T23:59:59+00:00
Accession:  0001193125-22-187956
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Terreno Realty increases revolving credit facility to $400M; moves to SOFR-based pricing
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- Revolving facility increased by $150M to $400M; total capacity (with $100M term loan) $500M.
- Interest on revolver and term loan now based on SOFR plus a 10 bps credit adjustment.
- Applicable SOFR margins: 1.0%-1.45% for revolver, 1.15%-1.65% for term loan.
- Borrowings limited to lesser of total commitments or 60% of unencumbered property value.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1476150/000119312522187956/0001193125-22-187956-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1476150/000119312522187956/d310560d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-187956

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