Cousins Properties enters $1.2 billion credit facility, extends maturity to April 2031
Cousins Properties signed a new $1.2 billion unsecured credit agreement on April 1, 2026, which replaces and extends its existing revolving line of credit to April 1, 2031. The company also extended the maturities of two term loans, to March 3, 2028 and August 15, 2027, and updated their pricing tied to its debt ratings.
Key points
- New credit facility allows borrowing of up to $1.2 billion, subject to certain conditions
- Revolving line maturity extended from April 30, 2027 to April 1, 2031
- Delayed Draw Term Loan final maturity set at March 3, 2028; Amended and Restated Term Loan final maturity set at August 15, 2027
- Facility proceeds may repay debt, fund acquisitions, development or renovation, and support working capital and general corporate purposes
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:00 AM ET, from the text of the filing and its press-release exhibits 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 (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.