Four Corners Property Trust Secures $200 Million Seven-Year Term Loan Facility Based on SOFR

Four Corners Property Trust (FCPT) has secured a new seven-year, $200 million term loan facility, according to an announcement made on April 6, 2026. The company stated that the loan will carry a variable interest rate based on the Secured Overnight Financing Rate (SOFR), plus an applicable margin. FCPT plans to use the proceeds from this facility for general corporate purposes, including refinancing existing debt and funding future growth initiatives.

The term loan was arranged with a group of lenders, though specific details regarding the participating financial institutions were not disclosed. FCPT emphasized that this financing aligns with its ongoing strategy to maintain financial flexibility while supporting its long-term operational goals. The company also noted that the agreement reflects favorable terms in light of current market conditions. Further specifics about repayment schedules or additional covenants tied to the loan were not included in the announcement.

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Date: April 6, 2026

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GOAI