Amendment to Credit Agreements for Piedmont Realty Trust
On September 16, 2025, Piedmont Operating Partnership, LP, a wholly-owned subsidiary of Piedmont Realty Trust, Inc., entered into amendments to its Second Amended and Restated Revolving Credit Agreement and its Term Loan Agreement. The amendments remove the credit spread adjustment from SOFR-based interest rates. The Revolving Credit Agreement was originally dated February 13, 2025, and the Term Loan Agreement was dated January 30, 2024. The amendments were executed with various lenders, including JPMorgan Chase Bank, N.A., Truist Securities, Inc., U.S. Bank National Association, Wells Fargo Securities, LLC, BofA Securities Inc., and TD Securities (USA) LLC. The amendments are intended to adjust the interest rate calculations to better align with current market conditions.