Loan & DebtApr 7, 2026, 06:06 AM
Four Corners Property Trust Enters into New Term Loan Agreement
AI Summary
Four Corners Property Trust, Inc. has entered into a new term loan agreement as of April 6, 2026, with Four Corners Operating Partnership, LP as the borrower and The Huntington National Bank as the Administrative Agent. The agreement outlines the terms and conditions for credit facilities, including commitments, loan repayment, interest rates, and various covenants, which will impact the company's financial flexibility and capital structure.
Key Highlights
- Four Corners Operating Partnership, LP is the borrower under the agreement.
- The Huntington National Bank serves as the Administrative Agent, Lender, Joint Lead Arranger, and Joint Bookrunner.
- The agreement covers various aspects of the credit facilities, including loan terms, interest rates, and covenants.
Price Impact
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