Every material Form 8-K Terreno Realty filed with the SEC in 2021, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Terreno Realty LLC, a wholly-owned subsidiary of Terreno Realty Corporation, entered into a Sixth Amended and Restated Senior Credit Agreement with KeyBank and other lenders on August 20, 2021. The amendment removes a $50.0 million term loan tranche, extends the remaining $100.0 million term loan from 2022 to 2027, and raises the accordion feature by $50.0 million to $650.0 million.
Remaining $100.0 million term loan now matures in January 2027, up from 2022
Revolving credit facility is $250.0 million; borrowings limited to the lesser of that plus the term loan or 60.0% of unencumbered property value
Interest margins range from 1.0% to 1.45% for the revolver and 1.15% to 1.65% for the term loan, based on leverage
KeyBank is administrative agent; the facility is guaranteed by the company and is unsecured
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.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Terreno Realty filing is on SEC EDGAR ↗. 8-K briefs of other companies →