secwatch.observer — SEC 8-K summary
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Issuer:     Terreno Realty Corp (TRNO)
CIK:        0001476150
Form:       8-K
Filed at:   2024-09-30T23:59:59+00:00
Accession:  0001193125-24-229012
Event type: debt
Sentiment:  positive
Materiality: 0.45
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Terreno Realty expands revolving credit facility to $600M, extends maturity to Jan 2029
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- Revolving credit facility increased by $200M to $600M; maturity extended from Aug 2025 to Jan 2029.
- Facility also includes $100M term loan due Jan 2027 and $100M term loan due Jan 2028.
- Accordion feature allows increases up to $1.25B subject to lender approval.
- Amended facility limited to 60% of unencumbered property value; SOFR margin 1.10%-1.55% for revolving.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1476150/000119312524229012/0001193125-24-229012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1476150/000119312524229012/d887411d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-229012

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