American Assets Trust increases revolver to $400M, extends maturity to 2026

American Assets Trust, Inc.

Revolving line increased from $350M to $400M; maturity Jan 5, 2026 with two six-month extension options.
$100M term loan matures Jan 5, 2027; both facilities unsecured.
Applicable ratings-based pricing spreads decreased; borrowings transitioned from LIBOR to SOFR.
Interest rate: SOFR plus 1.05%-1.50% (revolver) or 1.20%-1.70% (term loan), based on leverage.

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