Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Orion Properties Inc. incurred revolving credit of $215.0 million with Wells Fargo Bank, National Association, as Administrative Agent at SOFR plus 2.75% or base rate plus 1.75% maturing February 18, 2028.
- Instrument
- revolving credit
- Principal
- $215.0 million
- Counterparty
- Wells Fargo Bank, National Association, as Administrative Agent
- Rate
- SOFR plus 2.75% or base rate plus 1.75%
- Maturity
- February 18, 2028
- Event
- incurrence
Exact text from the filing
On February 18, 2026, the Company, as parent, and Orion Properties LP, as borrower (“Orion OP”), entered into a credit agreement for a new $215.0 million senior secured revolving credit facility (the “New Revolving Facility”), with the financial institutions party thereto, as lenders, and Wells Fargo Bank, National Association, as Administrative Agent.
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Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Orion Properties Inc. amended loan of $355.0 million with Computershare Trust Company, National Association, as Trustee at fixed annual interest rate on the CMBS Loan of 4.971% maturing extended two years from February 11, 2027 until February 11, 2029.
- Instrument
- loan
- Principal
- $355.0 million
- Counterparty
- Computershare Trust Company, National Association, as Trustee
- Rate
- fixed annual interest rate on the CMBS Loan of 4.971%
- Maturity
- extended two years from February 11, 2027 until February 11, 2029
- Event
- amendment
Exact text from the filing
Fargo Commercial Mortgage Trust 2022-ONL, Commercial Mortgage Pass-Through Certificates, Series 2022-ONL (the "Lender"). The Loan Modification Agreement relates to that certain $355.0 million fixed rate securitized mortgage loan dated February 10, 2022 (the “CMBS Loan”). The Loan Modification Agreement includes the following terms and conditions, among others: • The
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Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.95
Orion Properties Inc. entered into Credit Agreement for New Revolving Facility with Wells Fargo Bank, National Association, as Administrative Agent valued at $215.0 million senior secured revolving credit facility (effective 2026-02-18).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Wells Fargo Bank, National Association, as Administrative Agent
- Value
- $215.0 million senior secured revolving credit facility
- Effective
- 2026-02-18
Exact text from the filing
On February 18, 2026, the Company, as parent, and Orion Properties LP, as borrower (“Orion OP”), entered into a credit agreement for a new $215.0 million senior secured revolving credit facility (the “New Revolving Facility”), with the financial institutions party thereto, as lenders, and Wells Fargo Bank, National Association, as Administrative Agent.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Orion Properties Inc. entered into Loan Modification Agreement with Computershare Trust Company, National Association, as Trustee valued at $355.0 million fixed rate securitized mortgage loan (effective 2026-02-17).
- Action
- entry
- Agreement
- credit facility
- Counterparty
- Computershare Trust Company, National Association, as Trustee
- Value
- $355.0 million fixed rate securitized mortgage loan
- Effective
- 2026-02-17
Exact text from the filing
On February 17, 2026, Orion Properties Inc. (the “Company”), through certain of its subsidiaries (the “Mortgage Borrowers”), entered into a loan extension and modification agreement (“Loan Modification Agreement”) with Computershare Trust Company, National Association, as Trustee, for the benefit of the holders of Wells Fargo Commercial Mortgage Trust 2022-ONL, Commercial Mortgage Pass-Through Certificates, Series 2022-ONL (the "Lender").
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