NYSE:ESRTOffice REITs
Empire State Realty Trust (ESRT) Expands Credit Facility with New $210 Million Loan Will Liquidity Shift Drive Strategic Flexibility?
On November 14, 2025, Empire State Realty Trust announced an amended and expanded credit agreement with Wells Fargo Bank, Bank of America, and other lenders, securing a new US$210 million senior unsecured term loan facility, expandable up to US$310 million, to support working capital and general corporate needs through January 2029.
This agreement increases the company's liquidity, offers flexible prepayment options, and links interest rates to potential investment grade ratings, enhancing...