{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-026093","form_type":"8-K","ticker":"PDM","cik":"0001042776","company_name":"Piedmont Realty Trust, Inc.","filed_at":"2025-02-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:02.779547+00:00","generated_at":"2026-05-26T21:55:46.880222+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Piedmont increases term loan by $125M, extends revolver to 2028, repays $250M loan","bullets":["Amended $200M term loan to $325M; added two six-month extension options.","Amended and restated $600M revolver, maturity extended to June 30, 2028; can increase to $1.1B.","Proceeds from increase plus cash and revolver used to repay $250M term loan due March 2025.","Revolver interest spread 0.725%-1.40% over SOFR based on credit rating; current spread 1.05%.","Covenants include unencumbered interest coverage ≥1.75x and net leverage ≤0.60x."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-026093","json":"https://secwatch.observer/filing/0001193125-25-026093.json","markdown":"https://secwatch.observer/filing/0001193125-25-026093.md","text":"https://secwatch.observer/filing/0001193125-25-026093.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1042776/000119312525026093/0001193125-25-026093-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1042776/000119312525026093/d870106d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T21:55:46.880222+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}