Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
InvenTrust Properties Corp. amended revolving credit with KeyBank National Association at removed the credit spread adjustment to SOFR.
- Instrument
- revolving credit
- Counterparty
- KeyBank National Association
- Rate
- removed the credit spread adjustment to SOFR
- Event
- amendment
Exact text from the filing
The Revolving Facility Amendment, in addition to other modifications consistent with the Term Loan Amendment, modified the applicable interest rate thereunder by removing the credit spread adjustment to SOFR.
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Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
InvenTrust Properties Corp. amended term loan of $400 million term loan facilities with Wells Fargo Bank, National Association at term SOFR, daily simple SOFR or the adjusted base rate (with no credit spread ad maturing Tranche A-1 consisting of $200 million that matures on August 26, 2030 and Tranche A-2 consisting of $200 million that matures on February 24, 2031.
- Instrument
- term loan
- Principal
- $400 million term loan facilities
- Counterparty
- Wells Fargo Bank, National Association
- Rate
- term SOFR, daily simple SOFR or the adjusted base rate (with no credit spread ad
- Maturity
- Tranche A-1 consisting of $200 million that matures on August 26, 2030 and Tranche A-2 consisting of $200 million that matures on February 24, 2031
- Event
- amendment
Exact text from the filing
The Term Loan Amendment, in addition to other modifications, extended the maturity of the Company’s $400 million term loan facilities, which after giving effect to the Term Loan Amendment is divided evenly between Tranche A-1 consisting of $200 million that matures on August 26, 2030 and Tranche A-2 consisting of $200 million that matures on February 24, 2031.
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