Empire State Realty Trust, Inc. entered into a First Amendment to its Amended and Restated Credit Agreement on July 17, 2026, according to the filing.
The amendment was entered into among Empire State Realty Trust, Inc., as parent, Empire State Realty OP, L.P., as borrower, subsidiary guarantors party to the agreement, lenders party thereto, and Wells Fargo Bank, National Association, as administrative agent, the filing said.
The amendment relates to an existing Amended and Restated Credit Agreement originally entered into as of November 14, 2025. Under Section 2.16 of that existing agreement, the borrower had the right to request an increase in the maximum aggregate amount of the facilities up to $310,000,000, the filing said.
Pursuant to the new amendment, the borrower requested to increase the maximum aggregate principal amount of the facilities from $310,000,000 to $510,000,000 and to establish a new tranche of pari passu delayed draw term loans in a maximum principal amount of $245,000,000, referred to in the filing as the '2026 Incremental Term Loan Facility.'
The 2026 Incremental Term Loan Facility will be made available in the form of a delayed draw term facility, as agreed among the borrower, the lenders providing that facility, and the administrative agent, according to the filing.
The filing also describes the existing credit agreement being further amended, including replacement of certain schedules and exhibits attached to the amendment, and lists conditions of effectiveness that must be satisfied, including delivery of executed counterparts, notes, officer certificates, and payment of applicable fees.
The borrower reaffirmed and restated representations and warranties contained in the amended credit agreement and other loan documents as of the effective date of the amendment, the filing stated. The borrower also represented that it has the power and authority to execute and carry out the terms of the amendment and that no additional governmental approvals are required except as specified in the filing.
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