Getty Realty Repays Debt With Proceeds From New $200 Million Loan
Bitget2026/10/19 21:01- Getty Realty repaid revolving credit facility borrowings using proceeds from a new $200 million senior unsecured term loan.
- The repaid borrowings included funding for part of the recently completed Refuel transaction.
- The term loan matures October 16, 2028, with three conditional 12-month extension options; its effective interest rate at closing was 5.03%.
- Related credit agreement amendments removed a 10-basis-point SOFR credit spread adjustment on revolving borrowings, allowing ratings-based pricing.
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