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Four Corners Property Trust upsizes unsecured credit facility to $1.15 billion with new $400 million term loan

PUBT·07/28/2026 20:30:29
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Four Corners Property Trust upsizes unsecured credit facility to $1.15 billion with new $400 million term loan
  • FCPT entered a fifth amended and restated revolving credit and term loan agreement, lifting total unsecured facility size to USD 1.15 billion from USD 940 million.
  • Added a new senior unsecured USD 400 million term loan maturing August 2031; USD 360 million drawn at close.
  • Proceeds earmarked to repay USD 190 million of loans due November 2026 and February 2027; USD 210 million for investments and general corporate purposes.
  • Pricing tightened to SOFR + 0.9% on term loans, SOFR + 0.85% on revolver; all-in term-loan rate about 4.5% at current SOFR.
  • Extended an existing USD 85 million term loan tranche to March 2028, with a one-year extension option; revolver availability cited at USD 350 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FCPT - Four Corners Property Trust Inc. published the original content used to generate this news brief on July 28, 2026, and is solely responsible for the information contained therein.