AMERICOLD REALTY TRUSTd18rn0p25nwr6d.cloudfront.net/CIK-0001455863/8e6ad...Realty Operating...

transcript

UNITED STATES

SECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549

FORM 8-K

CURRENT REPORTPursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) February 6, 2018

AMERICOLD REALTY TRUST(Exact name of registrant as specified in its charter)

Maryland 001-34723 93-0295215

(State or other jurisdictionof incorporation)

(CommissionFile Number)

(IRS EmployerIdentification No.)

10 Glenlake Parkway, South Tower, Suite 600 Atlanta, Georgia 30328

(Address of principal executive offices) (Zip Code)

(678) 441-1400(Registrant’s telephone number, including area code)

Not Applicable(Former name or former address, if changed since last report)

ChecktheappropriateboxbelowiftheForm8-Kfilingisintendedtosimultaneouslysatisfythefilingobligationoftheregistrantunderanyofthefollowingprovisions(seeGeneralInstructionA.2.below):

☐ WrittencommunicationspursuanttoRule425undertheSecuritiesAct(17CFR230.425)

☐ SolicitingmaterialpursuanttoRule14a-12undertheExchangeAct(17CFR240.14a-12)

☐ Pre-commencementcommunicationspursuanttoRule14d-2(b)undertheExchangeAct(17CFR240.14d-2(b))

☐ Pre-commencementcommunicationspursuanttoRule13e-4(c)undertheExchangeAct(17CFR240.13e-4(c))

IndicatebycheckmarkwhethertheregistrantisanemerginggrowthcompanyasdefinedinasdefinedinRule405oftheSecuritiesActof1933(§230.405ofthischapter)orRule12b-2oftheSecuritiesExchangeActof1934(§240.12b-2ofthischapter).

Emerginggrowthcompany☐

Ifanemerginggrowthcompany,indicatebycheckmarkiftheregistranthaselectednottousetheextendedtransitionperiodforcomplyingwithanyneworrevisedfinancialaccountingstandardsprovidedpursuanttoSection13(a)oftheExchangeAct.☐

Item 1.01 — Entry into a Material Definitive Agreement.

OnFebruary6,2018,AmericoldRealtyTrust(the“Company”)enteredintotheConsentandFirstAmendmenttoCreditAgreement,datedasofFebruary6,2018,amongAmericoldRealtyOperatingPartnership,L.P.,theCompany,theGuarantors,Lenders,LetterofCreditIssuersandSwingLineLender(eachasdefinedintheCreditAgreement(asdefinedbelow))partytheretoandBankofAmerica,N.A.,asAdministrativeAgent(the“FirstAmendment”).TheFirstAmendmentamendstheCreditAgreement,datedasofJanuary23,2018,byandamongAmericoldRealtyOperatingPartnership,L.P.,theCompany,theSeveralLendersandLetterofCreditIssuersfromTimetoTimePartiesTheretoandBankofAmerica,N.A.,asAdministrativeAgent(the“CreditAgreement”).

PursuanttotheFirstAmendment,theCompany’slendergroupincreaseditsaggregaterevolvingcreditcommitmentsontheCompany’sexisting$400millionseniorrevolvingcreditfacilityby$50millionto$450million.Concurrently,theCompanyutilizedcashonhandtorepay$50milliononitsseniortermloanAfacility.Asaresultofthesemodifications,theCompany’stotalaggregatecommitmentsunderitscreditfacilitiesremainunchangedat$925million.

Item 9.01 — Financial Statements and Exhibits.

(d) ExhibitsExhibit

No. Description

ConsentandFirstAmendmenttoCreditAgreement,datedasofFebruary6,2018,amongAmericoldRealtyOperatingPartnership,L.P.,theCompany,theGuarantors,Lenders,LetterofCreditIssuersandSwingLineLender(eachasdefinedtherein)partytheretoandBankofAmerica,N.A.,asAdministrativeAgent

99.1 PressReleasedatedFebruary6,2018

SIGNATURES

PursuanttotherequirementsoftheSecuritiesExchangeActof1934,theregistranthasdulycausedthisreporttobesignedonitsbehalfbytheundersignedhereuntodulyauthorized.

Date:February6,2018

AMERICOLD REALTY TRUST

By: /s/MarcSmernoffName: MarcSmernoffTitle: ChiefFinancialOfficerandExecutiveVicePresident

Exhibit 10.1

CONSENT AND FIRST AMENDMENT TO CREDIT AGREEMENT

CONSENTANDFIRSTAMENDMENTTOCREDITAGREEMENT,datedasofFebruary6,2018(this“Agreement”),amongAmericoldRealtyOperatingPartnership,L.P.,aDelawarelimitedpartnership(the“Borrower”),AmericoldRealtyTrust,aMarylandrealestateinvestmenttrust(the“Company”),theGuarantors,Lenders,LetterofCreditIssuersandSwingLineLender(eachasdefinedtheCreditAgreementdescribedbelow)partyheretoandBankofAmerica,N.A.,asadministrativeagent(insuchcapacity,the“AdministrativeAgent”).

WHEREAS,theBorrower,theCompany,theLenders,theLetterofCreditIssuers,theSwingLineLenderandtheAdministrativeAgentarepartytothatcertainCreditAgreement,datedasofJanuary23,2018(asamended,restated,extended,supplementedorotherwisemodifiedinwritingfromtimetotime,the“CreditAgreement”;capitalizedtermsusedhereinandnototherwisedefinedhereinshallhavethemeaningsassignedtosuchtermsintheCreditAgreement),andtheBorrower,theGuarantorsandtheAdministrativeAgentarepartytotheGuaranteeandCollateralAgreement;and

WHEREAS,theBorrowernotifiedtheAdministrativeAgentthatitintendstoprepaytheTermLoanintheamountof$50,000,000(the“Prepayment”)withthePrepaymenttobeappliedtotheTermLoansoftheLendersintheamountssetforthonAnnexIheretoratherthaninaccordancewiththeirrespectiveApplicablePercentagesinrespectoftheTermLoanFacilityasrequiredunderSection5.1(a)oftheCreditAgreement;and

WHEREAS,theBorrowerhasrequestedthat,concurrentlywiththePrepayment,theLendersincreasetheTotalRevolvingCreditCommitmentfrom$400,000,000to$450,000,000(the“RevolverIncrease”).

NOWTHEREFORE,forgoodandvaluableconsideration,thereceiptandsufficiencyofwhichisherebyacknowledged,thepartiesheretoagreeasfollows:

SECTION 1. Consent .SubjecttoallofthetermsandconditionssetforthinthisAgreement,eachoftheLendersherebyconsents,asoftheEffectiveDate(ashereinafterdefined),to(a)theapplicationofthePrepaymenttotheTermLoansoftheLendersintheamountssetforthonAnnexIheretoand(b)increasingitsRevolvingCreditCommitmenttotheamountsetforthoppositesuchLender’snameonAnnexIIheretounderthecaption“RevolvingCreditCommitment.”

SECTION 2. Amendment to Credit Agreement .SubjecttoallofthetermsandconditionssetforthinthisAgreement,asoftheEffectiveDate,theCreditAgreementisherebyamendedbyreplacingSchedule1.1AtotheCreditAgreementinitsentiretywiththeSchedule1.1AattachedheretoasAnnexII.

SECTION 3. Conditions to Effectiveness .ThisAgreementshallbedeemedeffectiveasofthefirstdate(suchdatebeingreferredtohereinasthe“EffectiveDate”)onwhichallofthefollowingconditionsprecedenthavebeensatisfiedorwaivedinwriting:

3.1 theAdministrativeAgentshallhavereceivedcounterpartsofthisAgreementdulyexecutedbyeachoftheLoanParties,theAdministrativeAgentandeachoftheLenders;

3.2 theBorrowershallhavemadethePrepayment;

3.3 noDefaultorEventofDefaulthasoccurredandiscontinuingontheEffectiveDateorwould(givingeffecttothisAgreement)resultfromtheRevolverIncrease;

3.4 beforeandaftergivingeffecttotheRevolverIncrease(givingeffecttothisAgreement),eachoftherepresentationsandwarrantiesmadebyoronbehalfofanyGroupMemberinorpursuanttotheLoanDocumentsshallbetrueandcorrectinallmaterialrespects(or,ifqualifiedbymaterialityorMaterialAdverseEffect,inallrespects)ontheEffectiveDate(exceptwheresuchrepresentationsandwarrantiesexpresslyrelatetoanearlierdate,inwhichcasesuchrepresentationsandwarrantiesshallhavebeentrueandcorrectinallmaterialrespects(or,ifqualifiedbymaterialityorMaterialAdverseEffect,inallrespects)asofsuchearlierdate);and

3.5 theBorrowershallhavedeliveredtotheAdministrativeAgentacertificateoftheBorrowerdatedasoftheEffectiveDate,signedbyaResponsibleOfficeroftheBorrowercertifyingandattachingtheresolutionsadoptedbytheBorrowerapprovingorconsentingtotheRevolverIncreaseandcertifyingthattheconditionsinclauses3.3and3.4abovehavebeensatisfied.

SECTION 4. Representations and Warranties .EachoftheLoanPartiesreaffirmsandrestatestherepresentationsandwarrantiesmadebyitinorpursuanttotheLoanDocuments,ineachcase,aftergivingeffecttotheamendmentstotheCreditAgreementcontemplatedbythisAgreement,andallsuchrepresentationsandwarrantiesaretrueandcorrectinallmaterialrespectsonandasofthedateofthisAgreementasifmadeonandasofsuchdate(exceptwheresuchrepresentationsandwarrantiesrelatetoanearlierdate,inwhichcasesuchrepresentationsandwarrantiesshallhavebeentrueandcorrectinallmaterialrespects(or,ifqualifiedbymaterialityorMaterialAdverseEffect,inallrespects)asofsuchearlierdate).EachoftheLoanPartiesadditionallyrepresentsandwarrants(whichrepresentationsandwarrantiesshallsurvivetheexecutionanddeliveryhereof)totheAdministrativeAgent,theSwingLineLender,theLetterofCreditIssuersandtheLendersthat:

(a)ithasthecorporate,limitedliabilityorlimitedpartnership,asapplicable,powerandauthority,andthelegalright,toenterintoandperformthisAgreementandthetransactionscontemplatedherebyandhastakenallnecessaryorganizationalactiontoauthorizetheexecution,deliveryandperformanceofthisAgreementandthetransactionscontemplatedhereby;

(b)noconsentorauthorizationof,filingwith,noticetoorotheractbyorinrespectof,anyGovernmentalAuthorityoranyotherPersonisrequiredinconnectionwiththeexecution,delivery,performance,validityorenforceabilityofthisAgreementandthetransactionscontemplatedhereby,exceptconsents,authorizations,filingsandnoticesthathavebeenobtainedormadeandareinfullforceandeffect;

(c)thisAgreementhasbeendulyexecutedanddeliveredonbehalfofeachLoanParty,andisalegal,validandbindingobligationofeachLoanParty,enforceableagainsteachLoanPartyinaccordancewithitsterms,exceptasenforceabilitymaybelimitedbyapplicablebankruptcy,insolvency,fraudulentconveyance,reorganization,moratoriumorsimilarlawsrelatingtooraffectingtheenforcementofcreditors’rightsgenerallyandbygeneralequitableprinciples(whetherenforcementissoughtbyproceedingsinequityoratlaw);

(d)noDefaultorEventofDefaulthasoccurredandiscontinuing;and

(e)theexecution,deliveryandperformanceofthisAgreementandtheotherLoanDocuments,theborrowingshereunderandtheuseoftheproceedsthereofwillnotviolateanyRequirementofLaworanyMaterialContractoranyGoverningDocumentofanyLoanPartyandwillnotresultin,orrequire,thecreationorimpositionofanyLienonanyoftheirrespectivepropertiesorrevenuespursuanttoanysuchMaterialContract(otherthantheLienscreatedbytheCollateralDocuments).

SECTION 5. Affirmation of Guarantors .EachGuarantorherebyapprovesandconsentstothisAgreementandthetransactionscontemplatedbythisAgreementandagreesandaffirmsthatitsguaranteeoftheObligationscontinuestobeinfullforceandeffectandisherebyratifiedandconfirmedinallrespectsandshallapplytotheCreditAgreementandalloftheotherLoanDocuments,assuchareamended,restated,supplementedorotherwisemodifiedfromtimetotimeinaccordancewiththeirterms.

SECTION 6. Costs and Expenses .TheBorroweragreestoreimbursetheAdministrativeAgentforitsreasonableandout-of-pocketexpensesincurredinconnectionwiththisAmendmenttotheextentrequiredunderSection12.5oftheCreditAgreement.

SECTION 7. Ratification .

(a)TheCreditAgreement,asamendedbythisAgreement,andtheotherLoanDocumentsremaininfullforceandeffectandareherebyratifiedandaffirmedbytheLoanParties.EachoftheLoanPartiesherebyreaffirmsandadmitsthevalidityandenforceabilityoftheCreditAgreement,asamendedbythisAgreement,andtheotherLoanDocuments.

(b)ThisAgreementshallbelimitedpreciselyaswrittenand,exceptasexpresslyprovidedherein,shallnotbedeemed(i)tobeaconsentgrantedpursuantto,orawaiver,modificationorforbearanceof,anytermorconditionoftheCreditAgreement,anyotherLoanDocumentoranyoftheinstrumentsoragreementsreferredtoinanythereoforawaiverofanyDefaultorEventofDefault,whetherornotknowntotheAdministrativeAgent,theSwingLineLender,anyoftheLetterofCreditIssuersoranyoftheLenders,or(ii)toprejudiceanyrightorremedywhichtheAdministrativeAgent,theSwingLineLender,anyoftheLetterofCreditIssuersoranyoftheLendersmaynowhaveorhaveinthefutureagainstanyPersonunderorinconnectionwiththeCreditAgreement,anyoftheinstrumentsoragreementsreferredtothereinoranyofthetransactionscontemplatedthereby.

SECTION 8. Modifications .NeitherthisAgreement,noranyprovisionhereof,maybewaived,amendedormodifiedexceptpursuanttoanagreementoragreementsinwritingenteredintobythepartieshereto.

SECTION 9. References .TheLoanPartiesacknowledgeandagreethatthisAgreementconstitutesaLoanDocument.EachreferenceintheCreditAgreementto“thisAgreement,”“hereunder,”“hereof,”“herein,”orwordsoflikeimport,andeachreferenceineachotherLoanDocument(andtheotherdocumentsandinstrumentsdeliveredpursuanttoorinconnectiontherewith)tothe“CreditAgreement”,“thereunder”,“thereof”orwordsoflikeimport,shallmeanandbeareferencetotheCreditAgreementasmodifiedherebyandaseachmayinthefuturebeamended,restated,supplementedormodifiedfromtimetotime.

SECTION 10. Counterparts .ThisAgreementmaybeexecutedbyoneormoreofthepartiestothisAgreementonanynumberofseparatecounterparts,andallofsaidcounterpartstakentogethershallbedeemedtoconstituteoneandthesameinstrument.DeliveryofanexecutedcounterpartofasignaturepageofthisAgreementbyemailorfacsimiletransmissionshallbeeffectiveasdeliveryofamanuallyexecutedcounterparthereof.

SECTION 11. Successors and Assigns .TheprovisionsofthisAgreementshallbebindinguponandinuretothebenefitofthepartiesheretoandtheirrespectivesuccessorsandassigns.

SECTION 12. Severability .IfanyprovisionofthisAgreementisprohibited,illegal,invalidorunenforceableinanyjurisdiction,(a)suchprovisionshall,astosuchjurisdiction,beineffectivetotheextentofsuchprohibitionorunenforceabilitywithoutinvalidatingtheremainingprovisionshereof,andanysuchprohibitionorunenforceabilityinanyjurisdictionshallnotinvalidateorrenderunenforceablesuchprovisioninanyotherjurisdictionand(b)thepartiesshallendeavoringoodfaithnegotiationstoreplacetheprohibited,illegal,invalidorunenforceableprovisionswithvalidprovisionstheeconomiceffectofwhichcomesascloseaspossibletothatoftheprohibited,illegal,invalidorunenforceableprovisions.

SECTION 13. Governing Law .THISAGREEMENT,THERIGHTSANDOBLIGATIONSOFTHEPARTIESUNDERTHISAGREEMENT,ANDANYCLAIM,CONTROVERSY,DISPUTEORCAUSEOFACTION(WHETHERINCONTRACTORTORTOROTHERWISE)BASEDUPON,ARISINGOUTOFORRELATINGTOTHISAGREEMENTANDTHETRANSACTIONSCONTEMPLATEDHEREBY,SHALLBEGOVERNEDBY,ANDCONSTRUEDANDINTERPRETEDINACCORDANCEWITH,THELAWOFTHESTATEOFNEWYORK.(EXCLUDINGTHELAWSAPPLICABLETOCONFLICTSORCHOICEOFLAWOTHERTHANSECTIONS5-1401AND5-1402OFTHEGENERALOBLIGATIONSLAWOFTHESTATEOFNEWYORK).

SECTION 14. Headings .SectionheadingsinthisAgreementareincludedforconvenienceofreferenceonlyandshallnotaffecttheinterpretationofthisAgreementoranyotherLoanDocument.

[Theremainderofthispageleftblankintentionally]

INWITNESSWHEREOF,theLoanParties,theLenders,theLetterofCreditIssuers,theSwingLineLenderandtheAdministrativeAgenthavecausedthisAgreementtobedulyexecutedbytheirrespectiveauthorizedofficersasofthedayandyearfirstabovewritten.

AMERICOLD REALTY OPERATING PARTNERSHIP,L.P.

By: /s/MarcJ.SmernoffName: MarcJ.SmernoffTitle: ChiefFinancialOfficer

AMERICOLD REALTY TRUST

[SignaturePagetoFirstAmendmenttoAmericoldCreditAgreement]

AMERICOLD ACQUISITION, LLCAMERICOLD LOGISTICS, LLCAMERICOLD NEBRASKA LEASING LLCAMERICOLD PROPCO PHOENIX VAN BUREN LLCAMERICOLD REAL ESTATE, L.P.AMERICOLD REALTY, INC.AMERICOLD SAN ANTONIO PROPCO, LLCAMERICOLD TRANSPORTATION SERVICES, LLCART AL HOLDING LLCART FIRST MEZZANINE BORROWER GP LLCART FIRST MEZZANINE BORROWER OPCO 2006-2 L.P.ART FIRST MEZZANINE BORROWER OPCO GP 2006-2 LLCART FIRST MEZZANINE BORROWER PROPCO 2006-2 L.P.ART FIRST MEZZANINE BORROWER PROPCO GP 2006-2 LLCART FIRST MEZZANINE BORROWER, L.P.ART ICECAP HOLDINGS LLCART MANAGER L.L.C.ART MORTGAGE BORROWER GP LLCART MORTGAGE BORROWER, L.P.ART MORTGAGE BORROWER OPCO 2006-1A L.P.ART MORTGAGE BORROWER OPCO 2006-1B L.P.ART MORTGAGE BORROWER OPCO 2006-1C L.P.ART MORTGAGE BORROWER OPCO 2006-2 L.P.ART MORTGAGE BORROWER OPCO GP 2006-1A LLCART MORTGAGE BORROWER OPCO GP 2006-1B LLCART MORTGAGE BORROWER OPCO GP 2006-1C LLCART MORTGAGE BORROWER OPCO GP 2006-2 LLCART MORTGAGE BORROWER PROPCO 2006-1A L.P.ART MORTGAGE BORROWER PROPCO 2006-1B L.P.ART MORTGAGE BORROWER PROPCO 2006-1C L.P.ART MORTGAGE BORROWER PROPCO 2006-2 L.P.ART MORTGAGE BORROWER PROPCO GP 2006-1A LLCART MORTGAGE BORROWER PROPCO GP 2006-1B LLCART MORTGAGE BORROWER PROPCO GP 2006-1C LLCART MORTGAGE BORROWER PROPCO GP 2006-2 LLCART QUARRY TRS LLCART SECOND MEZZANINE BORROWER GP LLCART SECOND MEZZANINE BORROWER, L.P.ATLAS COLD STORAGE LOGISTICS LLCATLAS LOGISTICS GROUP RETAIL SERVICES (ATLANTA) LLCATLAS LOGISTICS GROUP RETAIL SERVICES (DENVER) LLCATLAS LOGISTICS GROUP RETAIL SERVICES (PHOENIX) LLCATLAS LOGISTICS GROUP RETAIL SERVICES (ROANOKE) LLCKC UNDERGROUND, L.L.C.VCD PLEDGE HOLDINGS, LLCVERSACOLD ATLAS LOGISTICS SERVICES USA LLCVERSACOLD LOGISTICS, LLCVERSACOLD MIDWEST LLCVERSACOLD NORTHEAST LOGISTICS, LLCVERSACOLD NORTHEAST, INC.VERSACOLD TEXAS, L.P.VERSACOLD USA, INC.

BANK OF AMERICA, N.A., asAdministrativeAgent

By: /s/AamirSaleemName: AamirSaleemTitle: VicePresident

BANK OF AMERICA, N.A. , asaLender,aLetterofCreditIssuerandtheSwingLineLender

By: /s/JonathanSalzingerName: JonathanSalzingerTitle: VicePresident

JPMORGAN CHASE BANK N.A., asaLenderandaLetterofCreditIssuer

By: /s/JaimeGitlerName: JaimeGitlerTitle: VicePresident

COOPERATIEVE RABOBANK U.A.,NEW YORK BRANCH, asaLender

By: /s/OliviaLeongName: OliviaLeongTitle: ExecutiveDirector

By: /s/BramStevensName: BramStevensTitle: ManagingDirector

ROYAL BANK OF CANADA, asaLender

By: /s/BrianGrossName: BrianGrossTitle: AuthorizedSignatory

COMPASS BANK, AN ALABAMA BANKINGCORPORATION, asaLender

By: /s/DonByerlyName: DonByerlyTitle: SeniorVicePresident

CITIZENS BANK, NATIONAL ASSOCIATION, asaLender

By: /s/MichelleM.DawsonName: MichelleM.DawsonTitle: VicePresident

REGIONS BANK, asaLender

By: /s/KyleD.UptonName: KyleD.UptonTitle: VicePresident

SUNTRUST BANK, asaLender

By: /s/FrancineGlandtName: FrancineGlandtTitle: SeniorVicePresident

U.S. BANK NATIONAL ASSOCIATION, asaLender

By: /s/LoriY.JensenName: LoriY.JensenTitle: SeniorVicePresident

BRANCH BANK AND TRUST COMPANY, asaLender

By: /s/BradBowenName: BradBowenTitle: SeniorVicePresident

GOLDMAN SACHS LENDING PARTNERS LLC, asaLender

By: /s/AnnieCarrName: AnnieCarrTitle: AuthorizedSignatory

ZB, N.A. dba NATIONAL BANK OF ARIZONA, asaLender

By: /s/EricDamkoName: EricDamkoTitle: VicePresident

RAYMOND JAMES BANK FSB, asaLender

By: /s/MattSteinName: MattSteinTitle: SeniorVicePresident

ANNEXITOFIRSTAMENDMENT

Allocation of the PrepaymentTerm Lender Prepayment AmountBankofAmerica,N.A. $ 8,000,000.00JPMorganChaseBank,N.A. $ 5,000,000.00CooperatieveRabobankU.A.,NewYorkBranch $ 5,000,000.00RoyalBankofCanada $ 5,000,000.00CitizensBank,NationalAssociation $ 4,500,000.00RegionsBank $ 4,500,000.00SunTrustBank $ 4,500,000.00U.S.BankNationalAssociation $ 3,000,000.00BranchBankandTrustCompany $ 2,000,000.00GoldmanSachsLendingPartnersLLC $ 2,000,000.00ZB,N.A.dbaNationalBankofArizona $ 2,000,000.00CompassBank,anAlabamaBankingCorporation $ 2,250,000.00RaymondJamesBankFSB $ 2,250,000.00

Total $ 50,000,000.00

AnnexI

ANNEXIITOFIRSTAMENDMENT

Schedule 1.1ACommitments, Applicable Percentages and Sublimits

RevolvingCreditCommitments

Lender Commitment

Applicable Percentage/RevolvingCredit Commitment

Percentage Letter of Credit

Sublimit BankofAmerica,N.A. $ 53,500,000.00 11.888888889% $40,000,000.00JPMorganChaseBank,N.A. $ 48,500,000.00 10.777777778% $40,000,000.00CooperatieveRabobankU.A.,NewYorkBranch $ 48,500,000.00 10.777777778% $ 0.00RoyalBankofCanada $ 48,500,000.00 10.777777778% $ 0.00CitizensBank,NationalAssociation $ 39,000,000.00 8.666666667% $ 0.00RegionsBank $ 39,000,000.00 8.666666667% $ 0.00SunTrustBank $ 39,000,000.00 8.666666667% $ 0.00U.S.BankNationalAssociation $ 29,000,000.00 6.444444444% $ 0.00BranchBankandTrustCompany $ 22,000,000.00 4.888888889% $ 0.00GoldmanSachsLendingPartnersLLC $ 22,000,000.00 4.888888889% $ 0.00ZB,N.A.dbaNationalBankofArizona $ 22,000,000.00 4.888888889% $ 0.00CompassBank,anAlabamaBankingCorporation $ 19,500,000.00 4.333333333% $ 0.00RaymondJamesBankFSB $ 19,500,000.00 4.333333333% $ 0.00

Total $450,000,000.00 100.000000000% $80,000,000.00

AnnexII

TermCommitmentsLender Commitment Applicable PercentageBankofAmerica,N.A. $ 56,500,000.00 11.894736842%JPMorganChaseBank,N.A. $ 51,500,000.00 10.842105263%CooperatieveRabobankU.A.,NewYorkBranch $ 51,500,000.00 10.842105263%RoyalBankofCanada $ 51,500,000.00 10.842105263%CitizensBank,NationalAssociation $ 41,000,000.00 8.631578947%RegionsBank $ 41,000,000.00 8.631578947%SunTrustBank $ 41,000,000.00 8.631578947%U.S.BankNationalAssociation $ 31,000,000.00 6.526315789%BranchBankandTrustCompany $ 23,000,000.00 4.842105263%GoldmanSachsLendingPartnersLLC $ 23,000,000.00 4.842105263%ZB,N.A.dbaNationalBankofArizona $ 23,000,000.00 4.842105263%CompassBank,anAlabamaBankingCorporation $ 20,500,000.00 4.315789474%RaymondJamesBankFSB $ 20,500,000.00 4.315789474%

Total $475,000,000.00 100.000000000%

AnnexII

Exhibit 99.1

Americold Realty Trust Announces Partial Repayment of Amounts Outstanding on Term Loanand Expansion of Revolver Capacity

ATLANTA,February6,2018—AmericoldRealtyTrust(NYSE:COLD)(the“Company”or“Americold”)announcedtodaythatithasutilizedcashonhandtorepay$50milliononitsoutstandingseniortermloanAfacilitythatwasoriginatedatthetimeoftheCompany’sinitialpublicoffering(“IPO”).Subsequenttotherepayment,thetotaloutstandingbalanceundertheCompany’sseniortermloanAfacilityis$475million.

Concurrently,theCompany’slendergroupincreaseditsaggregaterevolvingcreditcommitmentsontheCompany’sexisting$400millionseniorrevolvingcreditfacilityby$50millionto$450million.Asaresultofthesemodifications,theCompany’stotalaggregatecommitmentsunderitsseniorcreditfacilityremainunchangedat$925million.

About Americold Realty Trust

Americoldistheworld’slargestowneroftemperature-controlledwarehouses.BasedinAtlanta,Georgia,Americoldownsandoperates160temperature-controlledwarehouses,withapproximately1billioncubicfeetofstorage,intheUnitedStates,Canada,Australia,NewZealandandArgentina.Americold’sfacilitiesareanintegralcomponentofthesupplychainconnectingfoodproducers,processors,distributorsandretailerstoconsumers.Americoldservesover2,600customersandemploysapproximately11,000associatesworldwide.

Contacts:

InvestorRelationsAmericoldRealtyTrust10GlenlakeParkwaySuite600,SouthTowerAtlanta,GA30328Telephone:678-459-1959Email:investor.relations@americold.com