Getty Realty Corp. Files 8-K for New Financial Obligation

TL;DR

Getty Realty Corp. just signed a new deal creating a financial obligation. Keep an eye on their debt.

AI Summary

On November 19, 2025, Getty Realty Corp. entered into a material definitive agreement, creating a direct financial obligation. The company, headquartered at 292 Madison Avenue, New York, NY, filed an 8-K report detailing this obligation.

Why It Matters

This filing indicates Getty Realty Corp. has taken on a new financial commitment, which could impact its balance sheet and future financial flexibility.

Risk Assessment

Risk Level: medium — Entering into new financial obligations can introduce financial risk, depending on the terms and the company's overall financial health.

Key Players & Entities

• Getty Realty Corp. (company) — Registrant
• November 19, 2025 (date) — Date of earliest event reported
• 292 Madison Avenue, 9th Floor, New York, New York 10017-6318 (address) — Principal Executive Offices
• 11-3412575 (ein) — IRS Employer Identification No.

FAQ

Key Financial Figures

• $250,000,000 — the Company will sell to the Purchasers $250,000,000 of 5.76% Series U Guaranteed Senior Not

Filing Documents

• gty-20251119.htm (8-K) — 58KB
• gty-ex99_1.htm (EX-99.1) — 12KB
• 0001193125-25-306965.txt ( ) — 185KB
• gty-20251119.xsd (EX-101.SCH) — 30KB
• gty-20251119_htm.xml (XML) — 5KB

01. Entry into a Material Definitive Agreement

Item 1.01. Entry into a Material Definitive Agreement. On November 19, 2025, Getty Realty Corp. (the "Company") entered into a Note Purchase and Guaranty Agreement (the "Note Purchase Agreement") with various purchasers named therein (the "Purchasers") in connection with a private placement of senior unsecured notes. Pursuant to the Note Purchase Agreement, on or before January 22, 2026, the Company will sell to the Purchasers $250,000,000 of 5.76% Series U Guaranteed Senior Notes due January 22, 2036 (the "Series U Notes"). The Note Purchase Agreement contains customary financial covenants such as maximum consolidated leverage ratio, minimum fixed charge coverage ratio, minimum unencumbered interest coverage ratio, maximum secured indebtedness, minimum consolidated tangible net worth and maximum unsecured leverage ratio, as well as limitations on restricted payments, which may limit the Company's ability to incur additional debt or pay dividends. The Note Purchase Agreement also contains customary events of default, including default under the third amended and restated credit agreement dated January 23, 2025 between the Company and a group of banks led by Bank of America, N.A. (the "Third Restated Credit Agreement") and failure to maintain REIT status. Any event of default, if not cured or waived, could result in the acceleration of the Company's indebtedness under the Note Purchase Agreement and could also give rise to an event of default under, and result in the acceleration of the Company's obligations under, the Second Restated Credit Agreement. The Company will use the net proceeds from the issuance of the Series U Notes to repay borrowings under its unsecured revolving credit facility and for general corporate purposes, including to fund investment activity. The foregoing descriptions of the Note Purchase Agreement does not purport to be complete and is subject to, and qualified in their entirety by reference to, the full text of such documents, co

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure. On November 20, 2025, the Company issued a press release announcing its entry into the Note Purchase Agreement. The Company's press release is attached as Exhibit 99.1 hereto and is incorporated by reference in this Item 7.01.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits: Exhibit Number Description 99.1 Press release issued by Getty Realty Corp. on November 20, 2025. 104 Cover Page Interactive Data File (embedded within the inline XBRL document) The information contained in Item 2.02 and Exhibit 99.1 to this Current Report on Form 8-K is being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. Such information in this Current Report on Form 8-K shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in any such filing.

SIGNATURES

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 thereunto duly authorized. GETTY REALTY CORP. Date: December 3, 2025 By: /s/ Brian R. Dickman Brian R. Dickman Executive Vice President Chief Financial Officer and Treasurer

View Full Filing

View this 8-K filing on SEC EDGAR