Signed Jun 23, 2026
- Committed
- $1bn
- Matures
- Jun 2027
| Tranche | Size | Matures | Margin |
|---|---|---|---|
| Revolving credit facility | $1bn | Jun 2027 | 65–113 bps |
Priced over Term SOFR, floor 0 bps (Revolving credit facility).
| Level | Condition | Margin | Unused fee |
|---|---|---|---|
| Level I | Debt Ratings: S&P ≥A; Fitch ≥A; Moody’s ≥A2 | 65 bps | 6 bps |
| Level II | Debt Ratings: S&P A-; Fitch A-; Moody’s A3 | 74 bps | 7 bps |
| Level III | Debt Ratings: S&P BBB+; Fitch BBB+; Moody’s Baa1 | 83 bps | 8 bps |
| Level IV | Debt Ratings: S&P BBB; Fitch BBB; Moody’s Baa2 | 89 bps | 11 bps |
| Level V | Debt Ratings: S&P ≤BBB-; Fitch ≤BBB-; Moody’s ≤Baa3 | 113 bps | 13 bps |
Lenders: Wells Fargo Securities, LLC