secwatch.observer — SEC 8-K summary
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Issuer:     Terreno Realty Corp (TRNO)
CIK:        0001476150
Form:       8-K
Filed at:   2022-09-06T23:59:59+00:00
Accession:  0001193125-22-238886
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 adds $100M term loan maturing Jan 2028; total facility now $600M
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- Added $100M term loan (Term B) maturing Jan 15, 2028; total facility commitments = $600M.
- Accordion feature allows increase up to $1.1B subject to lender approval.
- Interest on term loans: SOFR + 1.15%-1.65% margin, plus 10 bps credit adjustment.
- Lenders: KeyBank, PNC, Regions, MUFG, Citizens, Huntington, U.S. Bank, Goldman Sachs.
- Outstanding borrowings limited to 60% of unencumbered property value.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1476150/000119312522238886/0001193125-22-238886-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1476150/000119312522238886/d396229d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-238886

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