secwatch.observer — SEC 8-K summary
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Issuer:     American Assets Trust, Inc. (AAT)
CIK:        0001500217
Form:       8-K
Filed at:   2026-04-01T23:59:59+00:00
Accession:  0001500217-26-000012
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1500217/000150021726000012/0001500217-26-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1500217/000150021726000012/aat-20260401.htm
  HTML page:      https://secwatch.observer/filing/0001500217-26-000012

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer