Postal Realty Trust expands unsecured credit facilities to $615 million in recast deal led by Truist Bank
ترويست فاينانشيال
Postal Realty Trust, Inc. Class A
TRUIST FINANCIAL CORPORATION TFC | 0.00 | |
Postal Realty Trust, Inc. Class A PSTL | 0.00 |
- Postal Realty Trust closed a recast and expanded revolving credit facility effective July 2, 2026, lifting available borrowings to USD 615 million.
- Facility adds USD 60 million of new commitments, improves pricing by 30 bps, incorporates an investment-grade pricing grid tied to Moody’s, S&P, Fitch.
- Revolver capacity rises to USD 275 million from USD 250 million, priced at SOFR + 1.15% to 1.55%, maturing November 2030.
- Term loans total USD 340 million across 2028-2031 maturities, including USD 100 million at 4.14% and USD 150 million at 3.86%.
- Facility includes a USD 335 million accordion feature, extending weighted average maturity by about one year.
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. Postal Realty Trust Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607061702PRIMZONEFULLFEED9757686) on July 06, 2026, and is solely responsible for the information contained therein.
