JBG SMITH announced it has amended and extended its existing revolving credit facility, which was set to mature on July 16, 2021. The recast $1.0 billion revolving credit facility extends the maturity date for five-years to January 7, 2025. The amendment also lowers the current interest rate to LIBOR plus 105 basis points, a reduction of 5 basis points from the prior revolving credit facility. The maturity dates and amounts of the Unsecured Term Loan A-1 and Unsecured Term Loan A-2 are unchanged as a result of this transaction. Each of these $200 million term loans will mature in January 2023, and July 2024, respectively. The recast of the revolving credit facility was led by Wells Fargo Securities LLC, BofA Securities Inc., JPMorgan Chase Bank, N.A., Capital One, National Association, PNC Capital Markets LLC and Citizens Bank, N.A., acting as Joint Lead Arrangers, with Wells Fargo Bank, National Association serving as Administrative Agent. BMO Harris Bank N.A., Regions Bank, TD Bank, N.A., The Bank of New York Mellon, Truist Bank, Goldman Sachs Bank USA, The Bank of Nova Scotia and Morgan Stanley Senior Funding Inc. served as Documentation Agents; and in addition to the Joint Lead Arrangers and Documentation Agents (or affiliates thereof), Fifth Third Bank, Landesbank Baden-Württemberg (New York Branch), ING Capital LLC, Crédit Agricole Corporate and Investment Bank, Associated Bank, United Bank, and U.S. Bank National Association are parties to the revolving credit facility as lenders.