Apple Hospitality REIT, Inc. — Form 8-K
Filed July 28, 2026 · analyzed by the 8-K Agent
8-K
— Neutral
significance 28/100
What the filing says
On July 23, 2026, Apple Hospitality REIT, Inc. entered into a Fourth Amended and Restated Credit Agreement with Bank of America (Administrative Agent), Wells Fargo, KeyBank, and U.S. Bank. The agreement continues a $700M revolving credit facility (maturing July 24, 2030), maintains a $275M Term A-1 facility (maturing July 24, 2031), and introduces a new $300M Term A-2 facility (maturing January 23, 2032). The agreement replaces the Third Amended and Restated Credit Agreement dated July 25, 2022. Key changes include updated interest rate pricing grids (leverage-based and ratings-based), introduction of SOFR-based pricing, and modified financial covenants and definitions. Specific dollar amounts for commitment increases or existing loan balances are not disclosed in this filing excerpt.
Why this rating
Routine credit facility amendment extending existing terms. Relative to ~$2.6B market cap, the $1.275B total facility is material in absolute terms but standard refinancing activity. No material acquisition, debt reduction, or covenant change disclosed.
See more from July 28, 2026.
EDGAR·FLOW summarizes public SEC EDGAR filings with automated analysis. Materiality scores and stock-impact predictions are algorithmically generated and are not investment advice. Always verify against the source filing on SEC.gov.