Piedmont Realty Trust Inc.
09/16/2025 | Press release | Distributed by Public on 09/16/2025 14:22
Material Agreement (Form 8-K)
Item 1.01 Entry into a Material Definitive Agreement.
On September 16, 2025, Piedmont Operating Partnership, LP ("Piedmont OP"), a wholly-owned subsidiary of Piedmont Realty Trust, Inc. (the "Registrant"), entered into amendments to its Second Amended and Restated Revolving Credit Agreement, dated February 13, 2025 (the "Revolving Credit Agreement"), and its Term Loan Agreement, dated January 30, 2024 (the "Term Loan Agreement"), to remove the credit spread adjustment from SOFR-based interest rates.
The foregoing does not purport to be a complete description of the terms of the amendments to the Revolving Credit Agreement or the Term Loan Agreement and each is qualified in its entirety by reference to the amendments attached hereto as Exhibits 10.1 and 10.2, respectively.
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