{"schema_version":"secwatch.filing_event.v1","accession":"0001571283-25-000029","form_type":"8-K","ticker":"REXR","cik":"0001571283","company_name":"Rexford Industrial Realty, Inc.","filed_at":"2025-06-03T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.828558+00:00","generated_at":"2026-05-20T01:33:55.278492+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Rexford Industrial enters $1.95B credit facility; $1.25B revolver, $700M term loan","bullets":["Revolving facility of $1.25B matures May 30, 2029; two six-month extension options.","Term loan A-1: $300M due May 26, 2027; Term loan A-2: $400M due May 30, 2030.","Accordion feature permits up to $1.05B additional commitments, subject to conditions.","Pricing based on debt rating/leverage; sustainability-linked adjustments of up to +/- 0.04% margin.","Covenants: max total debt 60% of asset value, min EBITDA/fixed charges 1.50x, unsecured ratio 60%."],"urls":{"canonical":"https://secwatch.observer/filing/0001571283-25-000029","json":"https://secwatch.observer/filing/0001571283-25-000029.json","markdown":"https://secwatch.observer/filing/0001571283-25-000029.md","text":"https://secwatch.observer/filing/0001571283-25-000029.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1571283/000157128325000029/0001571283-25-000029-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1571283/000157128325000029/rexr-20250530.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T01:33:55.278492+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1069127181a4fdb28303a17da5de7dc598b38f54","claim":"Rexford Industrial Realty, Inc. amended term loan of $700 million with Bank of America, N.A. at Term SOFR plus the applicable margin maturing May 30, 2030.","evidence_excerpt":"a senior unsecured term loan facility in an aggregate principal amount of $700 million (the \"Term Loan Facility\"), comprised of (i) a $300 million term loan tranche (the “Term Loan A-1 Facility\") and (ii) a $400 million term loan tranche (the “Term Loan A-2 Facility\")","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1571283/000157128325000029/0001571283-25-000029-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Principal","value":"$700 million"},{"label":"Counterparty","value":"Bank of America, N.A."},{"label":"Rate","value":"Term SOFR plus the applicable margin"},{"label":"Maturity","value":"May 30, 2030"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"ff2ea04e86f152335a6e75e3bad7ea40f2a36331","claim":"Rexford Industrial Realty, Inc. amended revolving credit of $1.25 billion with Bank of America, N.A. at Term SOFR plus the applicable margin maturing May 30, 2029.","evidence_excerpt":"and letter of credit issuer. The Credit Agreement provides for a senior unsecured revolving credit facility (the “Revolving Credit Facility”) in an aggregate principal amount of $1.25 billion and a senior unsecured term loan facility in an aggregate principal amount of $700 million (the \"Term Loan Facility”), comprised of (i) a $300 million term loan tranche (the","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1571283/000157128325000029/0001571283-25-000029-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Principal","value":"$1.25 billion"},{"label":"Counterparty","value":"Bank of America, N.A."},{"label":"Rate","value":"Term SOFR plus the applicable margin"},{"label":"Maturity","value":"May 30, 2029"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}