debt
confidence high
sentiment neutral
materiality 0.60
Sila Realty Trust closes new $600M credit facility, maturing Feb 2029
Sila Realty Trust, Inc.
- New $600M revolving credit facility replaces prior $500M line (maturity Feb 2026); accordion up to $1.5B.
- Maturity Feb 2029 with two six-month extension options; margins: Base Rate 0.25%-0.90%, SOFR 1.25%-1.90%.
- Combined with amended term loans, total aggregate commitments $1.125B; prior $500M facility was fully undrawn.
- CFO highlights oversubscribed syndication and lender confidence; facility supports near-term external growth.