secwatch.observer — SEC 8-K summary
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Issuer:     Physicians Realty Trust (—)
CIK:        0001574540
Form:       8-K
Filed at:   2023-05-25T23:59:59+00:00
Accession:  0001574540-23-000139
Event type: debt
Sentiment:  positive
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Physicians Realty Trust closes $400M five-year unsecured term loan at 4.69% fixed rate
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- New $400M term loan matures May 24, 2028; all-in fixed rate of 4.693% via interest rate swaps.
- Accordion feature expanded to allow up to $1.9B total borrowing capacity under the credit agreement.
- Proceeds used to repay revolver, reducing floating-rate exposure and lowering interest expense.
- Seven lenders participate, with KeyBank as administrative agent and BMO Harris/Regions as joint lead arrangers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1574540/000157454023000139/0001574540-23-000139-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1574540/000157454023000139/doc-20230524.htm
  HTML page:      https://secwatch.observer/filing/0001574540-23-000139

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