---
schema_version: "secwatch.filing_event.v1"
accession: "0000049600-24-000082"
form_type: "8-K"
ticker: "EGP"
cik: "0000049600"
company_name: "EASTGROUP PROPERTIES INC"
filed_at: "2024-06-13T23:59:59+00:00"
generated_at: "2026-06-01T04:43:36.828444+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# EastGroup enters $625M revolver; matures July 2028, repays existing facility

## Summary
- New $625M unsecured revolver replaces June 2021 facility; $625M accordion feature included.
- Initial maturity July 31, 2028 with two six-month extension options.
- Initial interest rate at SOFR plus 0.765% (6.10% as of June 13, 2024).
- Sustainability-linked pricing component adjusts margin if ESG targets met.
- Existing $625M facility repaid and terminated; working cash line extended to same maturity.

## SEC filing metadata
- accession: 0000049600-24-000082
- form_type: 8-K
- ticker: EGP
- cik: 0000049600
- company_name: EASTGROUP PROPERTIES INC
- filed_at: 2024-06-13T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/49600/000004960024000082/0000049600-24-000082-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/49600/000004960024000082/egp-20240613.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000049600-24-000082
- JSON: https://secwatch.observer/filing/0000049600-24-000082.json
- Plain text: https://secwatch.observer/filing/0000049600-24-000082.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.