Terreno Realty Corporation Closes $200 Million Five-Year Unsecured Term Loan
Terreno Realty Corporation (TRNO)
Last terreno realty corporation earnings: 2/6 04:04 pm
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Source: Business Wire
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation (NYSE: TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced the closing of a new $200 million five-year unsecured term loan. The new five-year unsecured term loan will mature on January 15, 2031, and the interest rate generally will be SOFR plus 1.15% to 1.65%, depending on leverage. Additionally, the previous 10 basis point SOFR credit spread adjustment premium was eliminated on all credit facility borrowings, including term loans. The current interest rate is SOFR plus 1.15%, and proceeds from the term loan were used to reduce borrowings under Terreno Realty Corporation’s $600 million revolving credit facility and for general corporate purposes.KeyBanc Capital Markets, PNC Capital Markets LLC, Regions Capital Markets, U.S. Bank National Association, The Huntington National Bank and Citizens National Bank, N.A. served as joint lead arrangers and KeyBank National A
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News
- Terreno Realty (NYSE:TRNO) was given a new $69.00 price target on by analysts at Scotiabank. They now have an "outperform" rating on the stock.MarketBeat
- Terreno Realty price target raised to $60 from $57 at Barclays [Yahoo! Finance]Yahoo! Finance
- Terreno Realty (NYSE:TRNO) had its "overweight" rating reaffirmed by analysts at KeyCorp.MarketBeat
- Terreno Realty (NYSE:TRNO) had its "positive" rating reaffirmed by analysts at Barclays PLC.MarketBeat
- Terreno Realty (NYSE:TRNO) was upgraded by analysts at Baird R W from a "hold" rating to a "strong-buy" rating.MarketBeat
TRNO
Earnings
- 11/5/25 - Beat
TRNO
Sec Filings
- 1/9/26 - Form 4
- 1/9/26 - Form 4
- 1/9/26 - Form 4
- TRNO's page on the SEC website