secwatch.observer — SEC 8-K summary
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Issuer:     Physicians Realty Trust (—)
CIK:        0001574540
Form:       8-K
Filed at:   2023-04-03T23:59:59+00:00
Accession:  0001574540-23-000119
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Physicians Realty Trust amends credit facility, expands accordion feature to $500M, transitions to SOFR
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- Expands accordion feature to allow up to $500M in additional term loans under amended credit agreement.
- Replaces LIBOR-based benchmark rates with SOFR-based rates, removing LIBOR transition language.
- Existing $250M term loan repaid in full as of March 31, 2023 amendment date.
- Updates other provisions to reflect transition from LIBOR to SOFR.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1574540/000157454023000119/0001574540-23-000119-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1574540/000157454023000119/doc-20230331.htm
  HTML page:      https://secwatch.observer/filing/0001574540-23-000119

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