Terreno Realty Corporation announced that its wholly-owned subsidiary, Terreno Realty LLC, has entered into a Fourth Amendment to its Senior Credit Agreement with a syndicate of lenders, including KeyBank National Association as administrative agent. The amended facility introduces a new $200 million term loan maturing on January 15, 2031, expanding the company's total credit facility to include a $600 million revolving credit facility (maturing January 2029), a $100 million term loan (maturing January 2027), a $100 million term loan (maturing January 2028), and the new $200 million term loan. The facility also features an accordion option allowing for increases up to an additional $1 billion, subject to lender approval. Proceeds from the new loan will be used to reduce outstanding borrowings under the revolving credit facility and for general corporate purposes. Interest rates are based on SOFR plus an applicable margin, determined by the company’s leverage ratio.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Terreno Realty Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-006930), on January 08, 2026, and is solely responsible for the information contained therein.
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