AI brief of an SEC Form 8-K · American Assets Trust (AAT)

American Assets Trust amends credit agreement, lifting revolver to $500 million

Neutral Impact 3 of 5 financing Written later

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

CompanyAmerican Assets Trust (AAT)
Form8-K, current report
Filed with the SECApr 1, 2026, 4:17 PM ET
Accession number0001500217-26-000012

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

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.