secwatch.observer — SEC 8-K summary
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Issuer:     Easterly Government Properties, Inc. (DEA)
CIK:        0001622194
Form:       8-K
Filed at:   2021-07-29T23:59:59+00:00
Accession:  0001564590-21-038825
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.03, 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Easterly Government Properties increases credit facility by $50M to $650M
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- New $650M credit facility: $450M revolver (matures July 2025) and $200M term loan (matures July 2026).
- Accordion feature allows up to $250M additional borrowing capacity subject to customary terms.
- Interest margins: revolver 1.20%-1.80%, term loan 1.20%-1.70% over LIBOR; 0.01% reduction for sustainability targets.
- Fourth amendment to existing $100M term loan conforms to new credit agreement; outstanding balance unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1622194/000156459021038825/0001564590-21-038825-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1622194/000156459021038825/dea-8k_20210723.htm
  HTML page:      https://secwatch.observer/filing/0001564590-21-038825

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