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AI brief of an SEC Form 8-K · Highwoods Properties (HIW)

Highwoods Properties extends $150 million term loan maturity to June 2029

Neutral Impact 2 of 5 financing Written later

Highwoods Properties modified its $150 million unsecured bank term loan on June 3, 2026, extending the maturity from May 2027 to June 2029. The filing also lists pricing on its $200 million term loan and $750 million revolving credit facility, and the term can be extended two more years at the company's option if no defaults have occurred.

Key points

  • Maturity of the $150 million unsecured term loan extended from May 2027 to June 2029
  • Newly extended loan priced at SOFR plus 90 basis points; $200 million term loan at SOFR plus 95 basis points; $750 million revolver at SOFR plus 85 basis points
  • Pricing may adjust up or down by 2.5 basis points based on greenhouse gas emission reduction sustainability goals
  • Amendment is Exhibit 10, the Sixth Amendment to the Sixth Amended and Restated Credit Agreement, with Bank of America, N.A. as administrative agent

The filing

CompanyHighwoods Properties (HIW)
Form8-K, current report
Filed with the SECJun 4, 2026, 4:04 PM ET
Accession number0000921082-26-000041

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:38 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 June 04, 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.