UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 1.01 — Entry into a Material Definitive Agreement.
On January 29, 2021, Americold Realty Trust and its subsidiary, Americold Realty Operating Partnership, L.P. (the “Operating Partnership”), entered into the third amendment (the “Third Amendment”) to that certain Credit Agreement, dated as of March 26, 2020 (as amended, restated, extended, supplemented or otherwise modified in writing from time to time, (the “Credit Agreement”), with Bank of America, N.A., as administrative agent and designated borrowers, guarantors, certain lenders and letter of credit issuers from time to time parties thereto.
As contemplated by the Third Amendment, the Operating Partnership prepaid $200,000,000 of the outstanding indebtedness under the Term A-1 Loan and concurrently increased the revolving credit commitment from $800,000,000 to $1,000,000,000.
The above summary of the Third Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Third Amendment, a copy of which is included herewith as Exhibit 10.1 and is incorporated herein by reference.
Item 2.03 — Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
The information included in Item 1.01 is incorporated herein by reference.
Item 9.01 — Exhibits.
(d) Exhibits
| Exhibit |
Description | |
| 10.1 | Consent and Third Amendment to Credit Agreement. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: February 4, 2021
| AMERICOLD REALTY TRUST | ||
| By: | /s/ Marc Smernoff | |
| Name: | Marc Smernoff | |
| Title: | Chief Financial Officer and Executive Vice President | |