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Latham & Watkins Advises Four Corners Property Trust in Recast and Extension of US$650 Million Unsecured Credit Facility

June 7, 2021
A Los Angeles based team advised the restaurant properties investment trust in the transaction.

Four Corners Property Trust, a real estate investment trust primarily engaged in the ownership of high-quality, net-leased restaurant properties (FCPT or the Company), announced that the Company entered into a Second Amended and Restated Revolving Credit and Term Loan Agreement with a group of existing and new lenders which amended and extended FCPT’s existing US$650 million credit facility.

Latham & Watkins LLP represented Four Corners Property Trust in the transaction with a Los Angeles based team led by Los Angeles partner Pablo Clarke with associates Jeffrey Najjar and Rychelle Andersen. Advice was also provided on tax matters by Los Angeles partner Pardis Zomorodi with associate Brian Rogers and on ERISA matters by Los Angeles partner David Taub.