Name: AMERICOLD REALTY TRUST credit facility covenants
Creator: CovenantTerminal

AMENDED AND RESTATED SYNDICATED FACILITY AGREEMENT

Signed Jun 23, 2026

Committed: $2.04bn
Matures: Aug 2026
Agent: Bank of America, N.A.

Tranche	Size	Matures	Margin
Term A-1 Loan Facility	$375m	Aug 2026	75–160 bps
2025 Delayed Draw Term Facility	$250m	Sep 2026	80–160 bps
Delayed Draw Term Facility	$270m	Jan 2028	80–160 bps
Revolving credit facility	$1.15bn	Jun 2030	68–135 bps
Term A-2 Loan Facility	CAD $350m	Jun 2031	75–160 bps
AUD Term Loan Facility	AUD $230m	Jun 2031	75–160 bps

Priced over Term SOFR, floor 0 bps (Revolving credit facility).

Level	Condition	Margin	Unused fee
Level Category 1	≥ A- / A3	68 bps	n/a
Level Category 2	BBB+ / Baa1	73 bps	n/a
Level Category 3	BBB / Baa2	80 bps	n/a
Level Category 4	BBB- / Baa3	100 bps	n/a
Level Category 5	< BBB- / Baa3 (or unrated)	135 bps	n/a
Level Facility Fee Category 1	≥ A- / A3	n/a	13 bps
Level Facility Fee Category 2	BBB+ / Baa1	n/a	15 bps
Level Facility Fee Category 3	BBB / Baa2	n/a	20 bps
Level Facility Fee Category 4	BBB- / Baa3	n/a	25 bps
Level Facility Fee Category 5	< BBB- / Baa3 (or unrated)	n/a	30 bps

Priced over Term SOFR, floor 0 bps (Term Loan A, Delayed draw term loan).

Level	Condition	Margin	Unused fee
Level Category 1	≥ A- / A3	80 bps	n/a
Level Category 2	BBB+ / Baa1	85 bps	n/a
Level Category 3	BBB / Baa2	95 bps	n/a
Level Category 4	BBB- / Baa3	120 bps	n/a
Level Category 5	< BBB- / Baa3 (or unrated)	160 bps	n/a

Priced over Other, floor 0 bps (Term Loan A).

Level	Condition	Margin	Unused fee
Level Category 1	≥ A- / A3	75 bps	n/a
Level Category 2	BBB+ / Baa1	80 bps	n/a
Level Category 3	BBB / Baa2	90 bps	n/a
Level Category 4	BBB- / Baa3	115 bps	n/a
Level Category 5	< BBB- / Baa3 (or unrated)	155 bps	n/a

Lenders: BofA SECURITIES, INC., JPMORGAN CHASE BANK, N.A., CITIBANK, N.A., ROYAL BANK OF CANADA, COÖPERATIEVE RABOBANK U.A., NEW YORK BRANCH, TRUIST SECURITIES, INC., PNC CAPITAL MARKETS LLC

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