Material Agreement Form 8 K

Item 1.01 Entry into a Material Agreement.

On September 17, 2024, American Assets Trust, L.P. (the "Operating Partnership") issued and sold $525,000,000 in aggregate principal amount of its 6.150% Senior Notes due 2034 (the "Notes"). The terms of the Notes are governed by an indenture, dated as of January 26, 2021 (the "Indenture"), by and among the Operating Partnership, as issuer, American Assets Trust, Inc., as guarantor (the "Company"), and U.S. Bank Trust Company, National Association, as successor in interest to U.S. Bank National , as trustee, and an officers' certificate, dated September 17, 2024 (the "Officers' Certificate"), pursuant thereto establishing the form and terms of the Notes and the related guarantee.

The foregoing descriptions of the Notes, the Indenture and the Officers' Certificate do not purport to be complete and are qualified in their entirety by the full text of the Indenture and the Officers' Certificate, which are being filed herewith or incorporated by reference, as the case may be, as Exhibit 4.1 and Exhibit 4.2, respectively, to this Current Report on Form