Guardant Health, Inc. (GH): debt financing — Guardant Health extends Redwood City lease through 2030/2031; total ~$50M

Guardant Health, Inc.

Third Amendment to lease with Metropolitan Life Insurance Co.; extends term to Dec 31, 2030 or 2031 per building.
Base rent increases 3% annually from 2026; total lease value approximately $50 million.
Annual lease expense will not be materially changed by the amendment.
Original lease dated November 2014; previously amended in October 2017 and March 2019.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Guardant Health, Inc. amended lease obligation of approximately $50 million with Metropolitan Life Insurance Company at annual increases of 3% to the base rent beginning in 2026 maturing December 31, 2030 or 2031, depending on the building.

Instrument: lease obligation
Principal: approximately $50 million
Counterparty: Metropolitan Life Insurance Company
Rate: annual increases of 3% to the base rent beginning in 2026
Maturity: December 31, 2030 or 2031, depending on the building
Event: amendment

Exact text from the filing

(the “Company”) entered into a third amendment to the lease (“Third Amendment”) dated November 1, 2014 between the Company and Metropolitan Life Insurance Company (the “Landlord”), as amended on October 17, 2017 and March 6, 2019 (collectively, the “Lease Agreement”), relating to the Company’s existing multibuilding facility located in Redwood City, California.

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Guardant Health, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-25-076885

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