Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
ExchangeRight Income Fund incurred credit facility of revolving credit facility in initial maximum principal amount of $200,000,000 and delayed draw term loan facility in ini with Wells Fargo Bank, National Association, as administrative agent and a lender, and the other financial institutions party to the Amended Credit Agreement and their assignees, as lenders at initial applicable margin for revolving loans: base rate loans 1.15%, SOFR loans maturing April 15, 2029, subject to two extension options of 12 months each.
- Instrument
- credit facility
- Principal
- revolving credit facility in initial maximum principal amount of $200,000,000 and delayed draw term loan facility in ini
- Counterparty
- Wells Fargo Bank, National Association, as administrative agent and a lender, and the other financial institutions party to the Amended Credit Agreement and their assignees, as lenders
- Rate
- initial applicable margin for revolving loans: base rate loans 1.15%, SOFR loans
- Maturity
- April 15, 2029, subject to two extension options of 12 months each
- Event
- incurrence
Exact text from the filing
On April 15, 2026, ExchangeRight Income Fund Operating Partnership, LP, as borrower (the “ Borrower ”), and ExchangeRight Income Fund, doing business as ExchangeRight Essential Income REIT (the “ Company ”), entered into an Amended and Restated Credit Agreement (the “ Amended Credit Agreement ”) with Wells Fargo Bank, National Association, as administrative agent and a lender (“ Wells Fargo ” or the “ Administrative Agent ”), the other financial institutions party to the Amended Credit Agreement and their assignees, as lenders (collectively with Wells Fargo, the “ Lenders ”), and the arrangers, bookrunners, and documentation agents party thereto, pursuant to which the Lenders agreed to provide to the Borrower senior secured credit facilities consisting of a revolving credit facility (the “ Revolving Credit Facility ”) in the initial maximum principal amount of $200,000,000 until April 15, 2029 (the “ Revolving Termination Date ”), and a delayed draw term loan facility (the “ DDTL Facil
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
ExchangeRight Income Fund amended Amended and Restated Credit Agreement with Wells Fargo Bank, National Association, as administrative agent and a lender, and the other financial institutions party thereto valued at initial maximum principal amount of $200,000,000 and $400,000,000 (effective 2026-04-15).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- Wells Fargo Bank, National Association, as administrative agent and a lender, and the other financial institutions party thereto
- Value
- initial maximum principal amount of $200,000,000 and $400,000,000
- Effective
- 2026-04-15
Exact text from the filing
On April 15, 2026, ExchangeRight Income Fund Operating Partnership, LP, as borrower (the “ Borrower ”), and ExchangeRight Income Fund, doing business as ExchangeRight Essential Income REIT (the “ Company ”), entered into an Amended and Restated Credit Agreement (the “ Amended Credit Agreement ”) with Wells Fargo Bank, National Association, as administrative agent and a lender (“ Wells Fargo ” or the “ Administrative Agent ”), the other financial institutions party to the Amended Credit Agreement and their assignees, as lenders (collectively with Wells Fargo, the “ Lenders ”), and the arrangers, bookrunners, and documentation agents party thereto, pursuant to which the Lenders agreed to provide to the Borrower senior secured credit facilities consisting of a revolving credit facility (the “ Revolving Credit Facility ”) in the initial maximum principal amount of $200,000,000 until April 15, 2029 (the “ Revolving Termination Date ”), and a delayed draw term loan facility (the “ DDTL Facil
View on SEC.gov