HIGHWOODS PROPERTIES, INC. - 8-K Filing
Highwoods Properties extended its $150 million unsecured term loan's maturity from May 2027 to June 2029, with an option for two additional one-year extensions. The interest rate is now SOFR plus 90 basis points on the extended loan and includes adjustments based on sustainability goals related to greenhouse gas emissions. (Items: 1.01 Entry into a Material Definitive Agreement, 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant, 9.01 Financial Statements and Exhibits)
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