TRUSTMARK CORP 8K

Trustmark Bank agreed to sell 34 bank properties for $91.7 million to Blue Owl–affiliated buyers and simultaneously lease them back under long‑term escalating leases in a structured sale‑leaseback transaction.

Trustmark Bank, a Mississippi banking corporation, entered into a Real Estate Purchase and Sale Agreement effective September 3, 2026, with multiple Delaware limited liability companies affiliated with Blue Owl Real Estate Capital LLC to sell thirty‑four separate bank branch and related properties for an aggregate purchase price of $91.7 million, with the closing occurring simultaneously with execution of the agreement; at closing, Trustmark will lease back each property under 15‑year triple‑net style leases with annual 1.5% base rent escalations, while customary title, environmental, and closing conditions, allocation of costs, and extensive representations, warranties, and covenants govern the transaction, including an option structure for additional adjacent land in Panama City Beach, Florida and confidentiality, exclusivity, and securities‑law related provisions.

Filing Facts

CIK

36146

Ticker

-

Form

8K

Source Type

sec

Accession

0001193125-26-387233

Alert Tier

7