Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Gaming & Leisure Properties, Inc. incurred term loan of $679,000,000 with Wells Fargo Bank, National Association, as administrative agent at Secured Overnight Financing Rate ("SOFR")-based rate or a base rate plus an appl maturing December 2, 2028.
- Instrument
- term loan
- Principal
- $679,000,000
- Counterparty
- Wells Fargo Bank, National Association, as administrative agent
- Rate
- Secured Overnight Financing Rate ("SOFR")-based rate or a base rate plus an appl
- Maturity
- December 2, 2028
- Event
- incurrence
Exact text from the filing
On March 4, 2026, GLP Capital, L.P. (“GLP”), the operating partnership of Gaming and Leisure Properties, Inc. (“GLPI”), entered into Amendment No. 3 (the “Amendment”) to the Credit Agreement among GLP, Wells Fargo Bank, National Association, as administrative agent, and the several banks and other financial institutions or entities party thereto, dated as of May 13, 2022 (the “Credit Agreement”). Pursuant to the Amendment, GLP borrowed a new $679,000,000 term loan (the “Term Loan”), the proceeds of which were used to repay $679,000,000 of outstanding bridge revolving loans (without any corresponding reduction in revolving commitments). The Term Loan matures on December 2, 2028, subject to two six-month extensions at GLP’s option.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Gaming & Leisure Properties, Inc. terminated Term Loan Credit Agreement (the "2022 Term Loan Agreement") with Wells Fargo Bank, National Association, as administrative agent, and the several banks and other financial institutions or entities party thereto (effective 2026-03-04).
- Action
- termination
- Agreement
- credit facility
- Counterparty
- Wells Fargo Bank, National Association, as administrative agent, and the several banks and other financial institutions or entities party thereto
- Effective
- 2026-03-04
Exact text from the filing
On March 4, 2026, GLP repaid in full all outstanding obligations under the Term Loan Credit Agreement among GLP, Wells Fargo Bank, National Association, as administrative agent, and the several banks and other financial institutions or entities party thereto, dated as of September 2, 2022 (the “2022 Term Loan Agreement”).
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Gaming & Leisure Properties, Inc. amended Amendment No. 3 (the "Amendment") with Wells Fargo Bank, National Association, as administrative agent, and the several banks and other financial institutions or entities party thereto valued at $679,000,000 (effective 2026-03-04).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- Wells Fargo Bank, National Association, as administrative agent, and the several banks and other financial institutions or entities party thereto
- Value
- $679,000,000
- Effective
- 2026-03-04
Exact text from the filing
On March 4, 2026, GLP Capital, L.P. (“GLP”), the operating partnership of Gaming and Leisure Properties, Inc. (“GLPI”), entered into Amendment No. 3 (the “Amendment”) to the Credit Agreement among GLP, Wells Fargo Bank, National Association, as administrative agent, and the several banks and other financial institutions or entities party thereto, dated as of May 13, 2022 (the “Credit Agreement”).
View on SEC.gov