Financing ·
Easterly Government Properties, Inc. entered into a $200.0 million senior unsecured term loan agreement with PNC Bank…
DEAEasterly Government Properties, Inc.
Easterly Government Properties, Inc. entered into a $200.0 million senior unsecured term loan agreement with PNC Bank as administrative agent and several other banks, which includes an accordion feature for up to $50.0 million in additional capacity, totaling $250.0 million. The facility matures in June 2031. Additionally, the company entered into an eleventh amendment to its 2016 term loan agreement to align SOFR-based borrowing costs with the 2026 term loan. Easterly Government Properties, Inc. is a real estate investment trust that focuses on on-government lease properties.</div>