American Assets Trust Extends $400 Million Credit Facility to July 2026
American Assets Trust Inc. has exercised the first of two six-month extension options on its existing $400 million unsecured revolving credit facility, extending the maturity date from January 5, 2026, to July 5, 2026. The facility, governed by a credit agreement originally dated January 5, 2022, involves Bank of America, N.A. as Administrative Agent and other financial institutions. The extension aims to provide the company with greater flexibility in evaluating refinancing alternatives and adjusting the timing of its anticipated credit agreement recast, expected in the first half of 2026. No amendments were made to the terms of the credit agreement in connection with this extension.
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