Financing ·
JBG SMITH Properties LP entered into a Second Amended and Restated Credit Agreement on August 27, 2026, establishing a…
JBGSJBG SMITH Properties
JBG SMITH Properties LP entered into a Second Amended and Restated Credit Agreement on August 27, 2026, establishing a $690.0 million senior unsecured revolving credit facility maturing in August 2030, which refinances the previous $750.0 million agreement. The company also amended existing term loans with Wells Fargo Bank to align financial covenants and extend maturity dates for $243.9 million of debt to August 2028, while increasing those term loans by an additional $15.0 million. As of the filing date, $230.0 million was drawn under the new revolving facility. JBG SMITH Properties operates in the real estate industry, specifically owning and managing office properties.