First Industrial Realty Trust Secures $425 Million and $375 Million Unsecured Term Loans

Reuters

Jan 23

First Industrial Realty Trust Secures $425 Million and $375 Million Unsecured Term Loans

First Industrial Realty Trust Inc. has refinanced its $425 million unsecured term loan, extending the initial maturity date to January 22, 2030, with a one-year extension option at the company's discretion, subject to certain conditions. The new agreement provides for interest-only payments at a rate of SOFR plus 85 basis points, based on the company’s current credit ratings, and eliminates the previous 10 basis point SOFR adjustment. In addition, the company amended its $200 million unsecured term loan to remove the same 10 basis point SOFR adjustment. These financings provide First Industrial Realty Trust with capital to support its long-term growth.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Industrial Realty Trust Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CG69297) on January 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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The new agreement provides for interest-only payments at a rate of SOFR plus 85 basis points, based on the company’s current credit ratings, and eliminates the previous 10 basis point SOFR adjustment. In addition, the company amended its $200 million unsecured term loan to remove the same 10 basis point SOFR adjustment. These financings provide First Industrial Realty Trust with capital to support its long-term growth.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. First Industrial Realty Trust Inc. pu","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4224":"工业房地产信托","BK4171":"工业房地产投资信托","FR":"第一工业地产"},"translate_title":"First Industrial Realty Trust获得4.25亿美元和3.75亿美元无担保定期贷款","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FR":0.9},"content_text":"First Industrial Realty Trust Secures $425 Million and $375 Million Unsecured Term Loans\n    \n\n        First Industrial Realty Trust Inc. has refinanced its $425 million unsecured term loan, extending the initial maturity date to January 22, 2030, with a one-year extension option at the company's discretion, subject to certain conditions. The new agreement provides for interest-only payments at a rate of SOFR plus 85 basis points, based on the company’s current credit ratings, and eliminates the previous 10 basis point SOFR adjustment. 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