Getty Realty secures $200 million unsecured term loan

Bitget2026/10/19 20:11

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Getty Realty entered into a new $200 million senior unsecured term loan with existing lenders.
Proceeds repaid revolving credit facility borrowings, including amounts used to fund part of the recently completed Refuel transaction.
The loan matures October 16, 2028, with three conditional 12-month extension options; its effective interest rate at closing was 5.03%.
Pricing is SOFR plus 0.75%-1.55% or a base rate plus 0%-0.5%, depending on the company's credit rating.
Related amendments removed the revolver's 10-basis-point SOFR credit spread adjustment, allowing the company to elect ratings-based rather than leverage-based pricing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Getty Realty Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610191605PRIMZONEFULLFEED9848738) on October 19, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Getty Realty secures $200 million unsecured term loan

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