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JBG SMITH recasts revolving credit facility, extends maturity to Aug. 2030 with USD 690 million commitments

PUBT·08/27/2026 21:30:25
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JBG SMITH recasts revolving credit facility, extends maturity to Aug. 2030 with USD 690 million commitments
  • JBG SMITH Properties recast its Revolving Credit Facility, extending maturity to Aug. 27, 2030, with two six-month extension options to Aug. 27, 2031.
  • Aggregate commitments set at $690 million; pricing remains SOFR + 1.5% based on current leverage; 0.1% credit spread adjustment removed.
  • Facility keeps an accordion feature for up to $560 million of additional revolver capacity or term loans, subject to conditions.
  • Tranche A-2 Term Loan increased to $415 million; $243.9 million extended to Aug. 25, 2028, with extension options to Aug. 25, 2031.
  • Remaining $171.1 million matures Jan. 13, 2028; extended portion steps to SOFR + 1.65% at extension, reflecting a net 0.15% increase.


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. JBG SMITH Properties published the original content used to generate this news brief via Business Wire (Ref. ID: 202608271730BIZWIRE_USPR_____20260827_BW266108) on August 27, 2026, and is solely responsible for the information contained therein.