02:30 PM EDT, 07/29/2024 (MT Newswires) -- Peakstone Realty Trust ( PKST ) said Monday it has closed an amended and extended $907 million unsecured credit facility.

The updated facility features a $547 million revolver and a $210 million term loan, both extended to July 2028, and a $150 million term loan with a maturity unchanged at April 2026.

The facility offers a 3.67% weighted average effective interest rate, incorporating floating-to-fixed SOFR interest rate swaps for the $750 million outstanding balance.

Peakstone shares fell 4.1% in recent trading.

Price: 13.73, Change: -0.59, Percent Change: -4.12