---
schema_version: "secwatch.filing_event.v1"
accession: "0001500217-26-000012"
form_type: "8-K"
ticker: "AAT"
cik: "0001500217"
company_name: "American Assets Trust, Inc."
filed_at: "2026-04-01T23:59:59+00:00"
generated_at: "2026-05-15T07:58:03.669599+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# American Assets Trust amends credit facility: revolver up to $500M, maturity to 2030

## Summary
- Fourth Amended and Restated Credit Agreement signed April 1, 2026.
- Revolving line increased from $400M to $500M; total unsecured facility $600M ($500M revolver + $100M term loan).
- Revolver and term loan both mature April 1, 2030, with extension options (two 6-month for revolver, one 12-month for term loan).
- Interest rates based on SOFR or base rate with spreads tied to leverage ratio; ratings-based pricing grid also available.
- Covenants and default provisions are consistent with customary terms for unsecured credit facilities.

## SEC filing metadata
- accession: 0001500217-26-000012
- form_type: 8-K
- ticker: AAT
- cik: 0001500217
- company_name: American Assets Trust, Inc.
- filed_at: 2026-04-01T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1500217/000150021726000012/0001500217-26-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1500217/000150021726000012/aat-20260401.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001500217-26-000012
- JSON: https://secwatch.observer/filing/0001500217-26-000012.json
- Plain text: https://secwatch.observer/filing/0001500217-26-000012.txt

## Source-grounded claims
- claim_id: 38e7acd6fe887b325773775c7d6b990dac0b6c11
  claim: American Assets Trust, Inc. incurred credit facility of up to $600 million, consisting of a revolving line of credit of $500 million and a term loan of $100 million with Bank of America, N.A., as Administrative Agent at SOFR and a spread which ranges from (a) 1.05%-1.50% (with respect to Revolver Lo maturing April 1, 2030.
  evidence_excerpt: the Third Amended and Restated Credit Agreement dated January 5, 2022. The Fourth Amended and Restated Credit Agreement provides for aggregate, unsecured borrowings of up to $600 million, consisting of a revolving line of credit of $500 million (the “Revolver Loan”) and a term loan of $100 million (the “$100mm Term Loan”). Borrowings under the Fourth Amended and
  evidence_url: https://www.sec.gov/Archives/edgar/data/1500217/000150021726000012/0001500217-26-000012-index.htm
- claim_id: b83717a02ff937329a7525d92e0c8fd3b81c9fd1
  claim: American Assets Trust, Inc. amended Fourth Amended and Restated Credit Agreement with lenders from time to time party thereto, Bank of America, N.A., as Administrative Agent, and other entities named therein valued at $600 million (effective 2026-04-01).
  evidence_excerpt: On April 1, 2026, American Assets Trust, Inc. (the “Company”) and American Assets Trust, L.P. (the “Operating Partnership”) entered into the Fourth Amended and Restated Credit Agreement (the “Fourth Amended and Restated Credit Agreement”) with the lenders from time to time party thereto, Bank of America, N.A., as Administrative Agent, and other entities named therein, which amends and restates the Third Amended and Restated Credit Agreement dated January 5, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1500217/000150021726000012/0001500217-26-000012-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.