---
schema_version: "secwatch.filing_event.v1"
accession: "0001798100-23-000063"
form_type: "8-K"
ticker: "NTST"
cik: "0001798100"
company_name: "NETSTREIT Corp."
filed_at: "2023-07-07T23:59:59+00:00"
generated_at: "2026-06-13T11:09:08.373464+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# NETSTREIT closes $250M sustainability-linked term loan; $150M drawn, hedged at 4.99%

## Summary
- $250M senior unsecured term loan with 12-month delayed draw; $150M drawn at July 3, 2023 closing.
- Interest accrues at SOFR + 1.15%-1.60% (pre-IG) or 0.80%-1.60% (post-IG); entire facility hedged at all-in fixed 4.99% through Jan 2029.
- Maturity July 3, 2026; Borrower may extend twice by 1 year and once by 6 months subject to conditions.
- Sustainability-linked pricing offers up to 0.025% rate reduction based on tenant GHG emission targets per SBTi.
- Proceeds used for general corporate purposes.

## SEC filing metadata
- accession: 0001798100-23-000063
- form_type: 8-K
- ticker: NTST
- cik: 0001798100
- company_name: NETSTREIT Corp.
- filed_at: 2023-07-07T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1798100/000179810023000063/0001798100-23-000063-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1798100/000179810023000063/ntst-20230703.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001798100-23-000063
- JSON: https://secwatch.observer/filing/0001798100-23-000063.json
- Plain text: https://secwatch.observer/filing/0001798100-23-000063.txt

## Key facts
- Debt Financings
  NETSTREIT Corp. incurred term loan of $250.0 million with Truist Bank, National Association, as Administrative Agent at an all-in fixed interest rate of 4.99%, through January 2029, which consists of maturing July 3, 2026.
  - Instrument: term loan
  - Principal: $250.0 million
  - Counterparty: Truist Bank, National Association, as Administrative Agent
  - Rate: an all-in fixed interest rate of 4.99%, through January 2029, which consists of
  - Maturity: July 3, 2026
  - Event: incurrence
  source text: Borrower, the Company, the several financial institutions party thereto and Truist Bank, National Association, as Administrative Agent. The Term Loan Agreement provides for a $250.0 million sustainability linked senior unsecured term loan (the “Term Loan”) which may, subject to the terms of the Term Loan Agreement, be increased in an amount of up to $400.0 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1798100/000179810023000063/0001798100-23-000063-index.htm

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