Apple Hospitality REIT, Inc. (APLE): Entry into a Material Definitive Agreement
Apple Hospitality REIT, Inc. (APLE) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. EX-10.1 2 aple-ex10_1.htm EX-10.1 EX-10.1 Exhibit 10.1 Published Deal CUSIP: 03785AAQ5 Published Revolver CUSIP: 03785AAR3 Published Term A-1 CUSIP: 03785AAS1 Published Term A-2 CUSIP: 03785AAT9 FOURTH AMENDED AND RESTATED CREDIT AGREEMENT Dated as of July 23, 2026 among APPLE HO
How this was made
The 30-second read
Why it matters
A new or amended revolving/term credit structure can change APLE’s near-term funding flexibility and risk metrics, which may affect equity valuation through perceived leverage and refinancing risk.
Market read
This is a financing-related disclosure that can matter for REIT credit risk and liquidity expectations, though the excerpt does not provide the key economic terms.
What to watch
Traders should verify the actual facility amounts, maturity dates, margin/interest rate changes, and any covenant modifications in the full exhibit, since those drive credit-spread and equity multiple sensitivity.
Background
The 8-K reports Item 1.01 and Item 2.03, indicating APLE entered a material definitive agreement and created direct financial obligations via a credit agreement.
Ticker impact
APLE entered a Fourth Amended and Restated Credit Agreement, creating/defining revolving and term loan facilities and related direct financial obligations.
Likely modest near-term impact unless the amendment changes pricing, maturities, or covenants materially; otherwise it is typically absorbed as routine financing.
The filing confirms a material definitive agreement and credit facility structure, but the provided text is largely boilerplate and does not state pricing, size, or covenant changes.
Market effects
REIT financing terms and credit availability can influence sector-wide risk sentiment, but this article is company-specific and lacks facility economics.
None indicated.
None indicated.
Counterpoint
If the amendment is primarily administrative (extensions, documentation updates) rather than a repricing or covenant reset, the market reaction may be limited.
Key entities
- issuerApple Hospitality REIT, Inc.
Borrower under the Fourth Amended and Restated Credit Agreement dated July 23, 2026.
- lender_agentBank of America, N.A.
Administrative agent for the credit agreement.
- co-syndication_agentWells Fargo Bank, National Association
Co-syndication agent under the credit agreement.
