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Franklin Street Properties Corp. entered into a $320 million secured Credit Agreement on February 26, 2026, consisting of $275 million initial term loans and up to $45 million delayed draw term loans, used to refinance approximately $249 million of existing indebtedness under prior agreements. The facility has a 9.0% initial interest rate, matures February 26, 2029, with an optional one-year extension, and includes financial covenants and security on substantially all assets.
Event Type
Disclosure
Mandatory
Variant
8-K
. Entry into a Material Definitive Agreement. Credit Agreement On February 26, 2026 (the “Closing Date”), Franklin Street Properties Corp. (the “Company”) enter
. Termination of a Material Definitive Agreement. On February 26, 2026, in connection with the entry into the New Credit Agreement described above, the Company
by reference. Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointments of Certain Officers; Compensatory Arrangements of Certa
Other Events. On February 27, 2026, the Company issued a press release announcing its entry into the Credit Agreement described in Item 1.01 above. A copy of th
Financial Statements and Exhibits. (d) Exhibits Exhibit No. Exhibit Description 10.1 Credit Agreement, dated February 26, 2026, among Franklin Street Properties
Milton P. Wilkins, Jr.
Effective: 2026 Annual Meeting
Voluntary, no disagreement with company
Material Agreement
Debt / Financing