secwatch.observer — SEC 8-K summary
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Issuer:     Sila Realty Trust, Inc. (SILA)
CIK:        0001567925
Form:       8-K
Filed at:   2024-03-21T23:59:59+00:00
Accession:  0001567925-24-000013
Event type: debt
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sila Realty Trust closes $250M senior unsecured term loan, replaces 2024 facility
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- New $250M term loan fully funded at closing; maturity March 2027, with two one-year extension options.
- Accordion feature allows increase up to $500M, subject to lender approval.
- Interest rate at SOFR plus 1.25%-1.90% margin; fully hedged via swaps at 2.3% all-in through Dec 2024.
- Replaced prior term loan due Dec 2024; total credit facilities now aggregate $1.025B.
- Lenders include Truist, Wells Fargo, BofA; syndication oversubscribed per CFO.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1567925/000156792524000013/0001567925-24-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1567925/000156792524000013/cik0001567925-20240320.htm
  HTML page:      https://secwatch.observer/filing/0001567925-24-000013

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