Empire State Realty Trust, Inc. Form 8-K Filing Summary

Empire State Realty Trust, Inc. and its operating partnership, Empire State Realty OP, L.P., have entered into a First Amendment to their Amended and Restated Credit Agreement. This amendment, effective July 17, 2026, modifies the existing credit agreement with Wells Fargo Bank, National Association. The primary change is the increase in the total credit facility amount. The facility, which includes a term loan and a delayed draw term loan, now has an initial maximum principal amount of $490 million, comprising $245 million for each component. The delayed draw term loan can be drawn within six months of the closing date. Furthermore, the operating partnership has the option to increase the aggregate principal amount of the term loan facilities up to a maximum of $510 million through various mechanisms, including increases in the delayed draw facility or the addition of new tranches. The funds will be used for working capital, capital expenditures, acquisitions, development, and general corporate purposes. The agreement specifies interest rates based on the secured overnight financing rate (SOFR) or a base rate, with spreads dependent on the operating partnership's leverage ratio. Provisions for customary fees, prepayment, financial covenants, and events of default are included. The term loan facility matures on January 15, 2029 (extendable to January 15, 2031), and the delayed draw term loan facility matures on January 12, 2032.