Postal Realty Trust Expands Credit Facilities to $440 Million and Extends Maturity Dates

Strategic Insights -

Postal Realty Trust, Inc. has announced the recast and expansion of its credit facilities to $440 million, effective September 19, 2025. The company has extended the maturity dates on each of its existing senior unsecured revolving credit facility and term loan facility. The new credit facility includes a $150 million senior unsecured revolving credit facility, a $115 million term loan facility, and a $175 million delayed draw term loan facility.

Jeremy Garber, President and Interim Chief Financial Officer, stated, "We are excited to announce the upsizing of capacity on our unsecured corporate credit facilities and the extension of our debt maturity profile. This transaction increases Postal Realty Trust's liquidity position and sets us up well for continued growth." The company has entered into an interest rate swap with a notional amount of $40 million, fixing the SOFR component of the interest rate through January 2030.

Key Takeaways:

  • Postal Realty Trust, Inc. has expanded its credit facilities to $440 million, effective September 19, 2025.
  • The company has extended the maturity dates on its existing senior unsecured revolving credit facility and term loan facility.
  • The new credit facility includes a $150 million senior unsecured revolving credit facility, a $115 million term loan facility, and a $175 million delayed draw term loan facility.
  • The company has entered into an interest rate swap with a notional amount of $40 million, fixing the SOFR component of the interest rate through January 2030.
  • The $115 million term loan facility has increased by 53% compared to the previous facility.
  • The company has repaid a portion of the outstanding balance on the revolving facility, bringing it down to $13 million.
  • Truist Bank is acting as administrative agent, and Truist Securities, Inc., M&T Bank, and JPMorgan Chase Bank, N.A. are joint lead arrangers and joint book runners for the new credit facility.
  • The credit facility includes an accordion feature, permitting the company to borrow up to an additional $150 million under the revolving facility and up to an additional $100 million under the term loan or delayed draw term loan facility.

Statistics:

  • Credit facilities expanded to $440 million
  • Revolving facility maturity date extended to November 15, 2029
  • Term loan maturity date extended to January 15, 2030
  • Interest rate swap with $40 million notional amount
  • SOFR component of interest rate fixed through January 2030
  • All-in current rate is 4.73%
  • Previous term loan facility size: $75 million
  • Current term loan facility size: $115 million (53% increase)
  • Revolving facility balance reduced to $13 million
  • New credit facility includes an accordion feature for additional borrowing

Sources:

  • Postal Realty Trust, Inc. press release, dated September 22, 2025 (GLOBE NEWSWIRE)
  • COMTEX_468963109/2010/2025-09-22T07:30:27