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Terreno Realty expands credit facility with new term loan

Story Highlights
  • Terreno Realty expanded its credit facility with a new $200 million term loan maturing in 2031.
  • The amended facility enhances liquidity, extends maturities, and preserves up to $1 billion of additional borrowing capacity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Terreno Realty expands credit facility with new term loan

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Terreno Realty ( (TRNO) ) has issued an announcement.

On January 7, 2026, Terreno Realty LLC amended its senior credit agreement to add a new $200 million term loan maturing January 15, 2031, expanding its credit structure to a $600 million revolving facility maturing in 2029 and term loans totaling $400 million maturing between 2027 and 2031. The amended facility also preserves an accordion feature that could increase total borrowing capacity by up to $1 billion, caps borrowings at 60% of the value of unencumbered properties, and sets interest based on SOFR or a base rate with margins tied to leverage, while the new term loan proceeds were used to pay down revolving borrowings and for general corporate purposes, improving the company’s liquidity profile and extending its debt maturity ladder.

The most recent analyst rating on (TRNO) stock is a Buy with a $64.00 price target. To see the full list of analyst forecasts on Terreno Realty stock, see the TRNO Stock Forecast page.

Spark’s Take on TRNO Stock

According to Spark, TipRanks’ AI Analyst, TRNO is a Outperform.

Terreno Realty’s strong financial performance is the most significant factor, showcasing high profitability, stable balance sheet, and robust cash flow. Technical analysis provides a mixed but generally positive outlook, while valuation metrics indicate fair pricing with an attractive dividend yield. The recent corporate event of board expansion is a positive sign for governance but has a minimal direct impact on the stock score.

To see Spark’s full report on TRNO stock, click here.

More about Terreno Realty

Terreno Realty Corporation, through its wholly owned subsidiary Terreno Realty LLC, operates as a real estate investment company focused on acquiring, owning and managing industrial properties, financing its activities through a mix of revolving credit facilities and term loans arranged with a syndicate of commercial banks.

Average Trading Volume: 657,586

Technical Sentiment Signal: Strong Buy

Current Market Cap: $6.09B

Find detailed analytics on TRNO stock on TipRanks’ Stock Analysis page.

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