American Assets Trust amends credit agreement, lifting revolver to $500 million
American Assets Trust and its operating partnership entered into a Fourth Amended and Restated Credit Agreement on April 1, 2026, providing up to $600 million of unsecured borrowings. The filing says the revolving line rose from $400 million to $500 million and both the revolver and the $100 million term loan now mature on April 1, 2030.
Key points
- Unsecured borrowings of up to $600 million: a $500 million revolving line of credit and a $100 million term loan
- Revolver increased from $400 million to $500 million; both facilities initially mature April 1, 2030
- Floating-rate pricing tied to SOFR or base rate plus spreads based on the company's consolidated total leverage ratio; Bank of America, N.A. is administrative agent
The filing
Written by AI on Nov 8, 2026, 6:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 01, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.