Safehold Inc. Files 8-K on Material Definitive Agreement

TL;DR

Safehold Inc. signed a big deal, check the 8-K for details.

AI Summary

On November 25, 2025, Safehold Inc. entered into a material definitive agreement related to a financial obligation. The filing also includes Regulation FD disclosures and financial statements/exhibits. Safehold Inc., formerly ISTAR Inc., is a real estate investment trust based in New York.

Why It Matters

This filing indicates Safehold Inc. has entered into a significant new financial agreement, which could impact its financial obligations and future operations.

Risk Assessment

Risk Level: medium — Material definitive agreements and financial obligations can introduce new risks or alter existing ones for a company.

Key Players & Entities

• Safehold Inc. (company) — Registrant
• ISTAR Inc. (company) — Former company name
• ISTAR FINANCIAL INC (company) — Former company name
• STARWOOD FINANCIAL INC (company) — Former company name
• November 25, 2025 (date) — Date of earliest event reported

FAQ

Key Financial Figures

• $400,000,000 — Term Loan Credit Agreement provides for $400,000,000 of term loans (the "Term Loans") for wo
• $400 million — zed the proceeds to repay approximately $400 million of borrowings under its $2.0 billion re
• $2.0 billion — ly $400 million of borrowings under its $2.0 billion revolving credit facility. The Term Loa
• $600,000,000 — term loans up to an aggregate amount of $600,000,000, subject to obtaining lender commitment

Filing Documents

• tm2532139d2_8k.htm (8-K) — 36KB
• tm2532139d2_ex99-1.htm (EX-99.1) — 7KB
• tm2532139d2_ex10-1.htm (EX-10.1) — 885KB
• tm2532139d2_ex99-1img001.jpg (GRAPHIC) — 4KB
• 0001104659-25-116444.txt ( ) — 1288KB
• safe-20251125.xsd (EX-101.SCH) — 3KB
• safe-20251125_lab.xml (EX-101.LAB) — 33KB
• safe-20251125_pre.xml (EX-101.PRE) — 22KB
• tm2532139d2_8k_htm.xml (XML) — 4KB

01. Entry into a Material Definitive Agreement

Item 1.01. Entry into a Material Definitive Agreement. On November 25, 2025 (the "Closing Date"), Safehold GL Holdings LLC (the "Borrower") entered into an unsecured term loan A agreement with JPMorgan Chase Bank, N.A., as administrative agent, and certain other financial institutions party thereto (the "Term Loan Credit Agreement"). Pursuant to the Term Loan Credit Agreement, Safehold Inc. (the "Company") gave a guaranty pursuant to which it has absolutely and unconditionally guaranteed the payment and performance of the obligations of the Borrower under the Term Loan Credit Agreement as and when due and payable. The Term Loan Credit Agreement provides for $400,000,000 of term loans (the "Term Loans") for working capital and general corporate purposes with a maturity date of November 15, 2030, which includes two one-year extension options. The Term Loans were drawn in full on the Closing Date, and the Company utilized the proceeds to repay approximately $400 million of borrowings under its $2.0 billion revolving credit facility. The Term Loans do not amortize. The Term Loan Credit Agreement also includes an accordion feature to increase or add one or more tranches of term loans up to an aggregate amount of $600,000,000, subject to obtaining lender commitments and the satisfaction of certain customary conditions. The Term Loan Credit Agreement provides that the Term Loans will bear interest, at the Borrower's option, at the rate of (x) the SOFR term rate plus an applicable rate ranging from 0.850% to 1.650% depending on Borrower's credit rating, (y) the SOFR daily simple rate plus an applicable margin ranging from 0.850% to 1.650% depending on the Borrower's credit rating or (z) the base rate plus an applicable margin ranging from 0.000% to 0.650% depending on the Borrower's credit rating. The Company is required to comply with the following financial covenants under the Term Loan Credit Agreement: Ratio of Consolidated EBITDA (as defined in the Term Loan C

03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of

Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The disclosure set forth in

01 is incorporated herein by reference

Item 1.01 is incorporated herein by reference.

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. On November 25, 2025, the Company issued a press release relating to the Term Loan Credit Agreement. A copy of such press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K. The information furnished pursuant to this Item 7.01, including the attached exhibit, shall not be deemed "filed" for purposes of the Exchange Act, or otherwise subject to the liabilities of such section, nor shall such information or exhibit be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing by the Company with the SEC.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description Exhibit 10.1* Credit Agreement, dated as of November 25, 2025, among Safehold Inc., as guarantor, Safehold GL Holdings LLC, as borrower, JPMorgan Chase Bank, N.A., as administrative agent, and certain other financial institutions party thereto as lenders, arrangers and bookrunners. Exhibit 99.1 Press Release dated November 25, 2025. Exhibit 104 Cover Page Interactive File (the cover page tags are embedded with the Inline XBRL document) * Certain exhibits and schedules have been omitted pursuant to Item 601(a)(5) of Regulation S-K. A copy of any omitted schedule or exhibit will be furnished to the Securities and Exchange Commission upon request.

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, hereunto duly authorized. Safehold Inc. By: /s/ Brett Asnas Name: Brett Asnas Title: Chief Financial Officer Date: November 26, 2025

View Full Filing

View this 8-K filing on SEC EDGAR