ESRT Enters Material Definitive Agreement

TL;DR

ESRT signed a big deal, more details to come.

AI Summary

Empire State Realty Trust, Inc. (ESRT) and its subsidiary Empire State Realty OP, L.P. entered into a material definitive agreement on November 14, 2025. This agreement involves a direct financial obligation or an obligation under an off-balance sheet arrangement for the registrant. Specific details regarding the nature of the agreement and any associated dollar amounts are not provided in this filing excerpt.

Why It Matters

This filing indicates a significant new financial commitment or arrangement for Empire State Realty Trust, which could impact its future financial obligations and operational strategy.

Risk Assessment

Risk Level: medium — The filing indicates a material definitive agreement and financial obligation, but lacks specific details, creating uncertainty about the exact nature and impact of the commitment.

Key Players & Entities

• Empire State Realty Trust, Inc. (company) — Filer
• Empire State Realty OP, L.P. (company) — Subsidiary Filer
• 2025-11-14 (date) — Date of Agreement

FAQ

Key Financial Figures

• $0.01 — , Inc. Class A Common Stock, par value $0.01 per share ESRT The New York Stock Excha
• $210 million — The Credit Agreement is comprised of a $210 million senior unsecured term loan credit facil
• $310 million — nder the Credit Agreement not to exceed $310 million. The Credit Facility will be used for t

Filing Documents

• esrt-20251114.htm (8-K) — 50KB
• wellstermloancreditagreeme.htm (EX-10.1) — 1876KB
• image_0.jpg (GRAPHIC) — 0KB
• 0001541401-25-000040.txt ( ) — 2360KB
• esrt-20251114.xsd (EX-101.SCH) — 3KB
• esrt-20251114_def.xml (EX-101.DEF) — 18KB
• esrt-20251114_lab.xml (EX-101.LAB) — 33KB
• esrt-20251114_pre.xml (EX-101.PRE) — 19KB
• esrt-20251114_htm.xml (XML) — 7KB

01. Entry into a Material Definitive Agreement

Item 1.01. Entry into a Material Definitive Agreement. On November 14, 2025, Empire State Realty OP, L.P. (the "Operating Partnership") and its general partner, Empire State Realty Trust, Inc. (the "Company") entered into an Amended and Restated Credit Agreement (the "Credit Agreement") with Wells Fargo Bank, National Association as administrative agent, Bank of America, N.A. as syndication agent and the lenders party thereto. The Credit Agreement amends and restates the credit agreement, dated as of March 19, 2020, as amended, by and among the Operating Partnership, the Company, Wells Fargo Bank, National Association, as administrative agent, and the other parties named therein. The Credit Agreement is comprised of a $210 million senior unsecured term loan credit facility (the " Credit Facility "). The Operating Partnership may request that the Credit Facility be increased through one or more increases in the Credit Facility or the addition of new pari passu term loan tranches, for a maximum aggregate principal amount under the Credit Agreement not to exceed $310 million. The Credit Facility will be used for the working capital needs of the Operating Partnership and its subsidiaries and for other general corporate purposes. Amounts outstanding under the Credit Facility will bear interest at a rate based on the secured overnight financing rate ("SOFR") administered by the Federal Reserve Bank of New York equal to, at the Operating Partnership's election, (i) the term SOFR rate, plus, a margin ranging from (x) 1.500% to 2.050% per annum (the " SOFR Applicable Rate ") or (y) in the event the Company and/or the Operating Partnership has obtained a certain investment grade rating (such rating, an " Investment Grade Rating ") and elects such pricing, 0.800% to 1.600% per annum (the " SOFR Ratings-Based Rate "), (ii) a base reference rate equal to the highest of (a) the federal funds rate plus 0.50%, (b) the rate of interest last quoted by the administrative agent a

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1* Amended and Restated Credit Agreement, dated November 14, 2025, among Empire State Realty OP, L.P., as borrower, Empire State Realty Trust, Inc., Wells Fargo Bank, National Association, as administrative agent and the lenders party thereto. 104 Cover Page Interactive File (the cover page tags are embedded within the Inline XBRL document). * In accordance with Item 601(a)(5) of Regulation S-K certain schedules and exhibits have not been filed. The Company and Operating Partnership hereby agree to furnish supplementally a copy of any omitted schedule or exhibit to the Securities and Exchange Commission upon request. SIGNATURE Pursuant to the requirements of the Exchange Act, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. EMPIRE STATE REALTY TRUST, INC. (Registrant) Date: November 17, 2025 By: /s/ Stephen V. Horn Name: Stephen V. Horn Title: EVP, Chief Financial Officer & Chief Accounting Officer EMPIRE STATE REALTY OP, L.P. (Registrant) By: Empire State Realty Trust, Inc., as general partner Date: November 17, 2025 By: /s/ Stephen V. Horn Name: Stephen V. Horn Title: EVP, Chief Financial Officer & Chief Accounting Officer

View Full Filing

View this 8-K filing on SEC EDGAR