secwatch.observer — SEC 8-K summary
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Issuer:     Alpine Income Property Trust, Inc. (PINE)
CIK:        0001786117
Form:       8-K
Filed at:   2022-04-18T23:59:59+00:00
Accession:  0001558370-22-005535
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Alpine Income Property Trust increases term loans by $60M, repays revolver
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- 2026 Term Loan increased by $40M to $100M aggregate; 2027 Term Loan increased by $20M to $100M aggregate.
- Total proceeds of $60M used to pay down revolving credit facility.
- Added new lenders: Huntington, Regions, KeyBank, US Bank, Synovus; updated commitment schedule.
- Remaining accordion capacity: up to $60M on 2026 term loan and up to $120M on 2027 term loan.
- Amendment also released two Orlando properties and added new guarantors.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1786117/000155837022005535/0001558370-22-005535-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1786117/000155837022005535/pine-20220414x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-005535

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