---
schema_version: "secwatch.filing_event.v1"
accession: "0001798100-23-000060"
form_type: "8-K"
ticker: "NTST"
cik: "0001798100"
company_name: "NETSTREIT Corp."
filed_at: "2023-06-20T23:59:59+00:00"
generated_at: "2026-06-13T21:34:38.668305+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# NETSTREIT enters into $175M senior unsecured term loan to refinance existing debt

## Summary
- $175M term loan matures Jan 15, 2026 with one-year extension option at Borrower's election.
- Interest rate based on Total Leverage Ratio (SOFR + 1.15%-1.60%) or, post-IGR, on credit rating (SOFR + 0.80%-1.60%).
- Proceeds used to repay all outstanding obligations under the prior credit agreement dated Dec 2019.
- Amended and Restated Credit Agreement includes customary covenants (max leverage, fixed charge coverage, secured leverage, min tangible net worth).
- Parent and certain subsidiaries guarantee the obligations under the new credit facility.

## SEC filing metadata
- accession: 0001798100-23-000060
- form_type: 8-K
- ticker: NTST
- cik: 0001798100
- company_name: NETSTREIT Corp.
- filed_at: 2023-06-20T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1798100/000179810023000060/0001798100-23-000060-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1798100/000179810023000060/ntst-20230615.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001798100-23-000060
- JSON: https://secwatch.observer/filing/0001798100-23-000060.json
- Plain text: https://secwatch.observer/filing/0001798100-23-000060.txt

## Key facts
- Debt Financings
  NETSTREIT Corp. incurred term loan of $175.0 million with Wells Fargo Bank, National Association, as Administrative Agent at SOFR, plus a margin ranging from 1.15% to 1.60% or (ii) Base Rate, plus a margin maturing January 15, 2026.
  - Instrument: term loan
  - Principal: $175.0 million
  - Counterparty: Wells Fargo Bank, National Association, as Administrative Agent
  - Rate: SOFR, plus a margin ranging from 1.15% to 1.60% or (ii) Base Rate, plus a margin
  - Maturity: January 15, 2026
  - Event: incurrence
  source text: The Amended Credit Agreement provides for a $175.0 million senior unsecured term loan (the “Term Loan”) maturing on January 15, 2026
  evidence_url: https://www.sec.gov/Archives/edgar/data/1798100/000179810023000060/0001798100-23-000060-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.