---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-014604"
form_type: "8-K"
ticker: "CTO"
cik: "0000023795"
company_name: "CTO Realty Growth, Inc."
filed_at: "2022-09-23T23:59:59+00:00"
generated_at: "2026-06-23T07:50:16.570071+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# CTO Realty Growth expands credit facility to $565M with $300M revolver and new $100M term loan

## Summary
- Total credit facility increased to $565M: $300M revolver (upsized from $210M), new $100M term loan, existing $165M term loans.
- Revolver maturity extended to January 2027 (from May 2023), with option to extend to 2028.
- Initial rates: revolver at SOFR+135 bps, term loan at SOFR+130 bps; sustainability-linked pricing may reduce margin.
- Accordion options allow revolver up to $750M and term loans up to $500M.
- Proceeds from $100M term loan used to repay revolver; no debt maturing until 2025.

## SEC filing metadata
- accession: 0001558370-22-014604
- form_type: 8-K
- ticker: CTO
- cik: 0000023795
- company_name: CTO Realty Growth, Inc.
- filed_at: 2022-09-23T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/23795/000155837022014604/0001558370-22-014604-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/23795/000155837022014604/cto-20220920x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-014604
- JSON: https://secwatch.observer/filing/0001558370-22-014604.json
- Plain text: https://secwatch.observer/filing/0001558370-22-014604.txt

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