Highwoods extends $150 million term loan maturity to 2031

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Highwoods Recasts $150M Unsecured Bank Term Loan

June 4, 2026 4:05 PM EDT

RALEIGH, N.C., June 04, 2026 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE: HIW) has executed a recast of a $150 million unsecured bank term loan by extending the maturity date from May 2027 to June 2031, inclusive of two one-year extension options that are exercisable at the Companys option assuming no defaults have occurred.

The interest rate is now SOFR plus 90 basis points on our newly extended $150 million term loan, SOFR plus 95 basis points on our $200 million term loan and SOFR plus 85 basis points on our $750 million unsecured... More