secwatch.observer — SEC 8-K summary
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Issuer:     UDR, Inc. (UDR)
CIK:        0000074208
Form:       8-K
Filed at:   2024-08-15T23:59:59+00:00
Accession:  0000074208-24-000067
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UDR prices $300M 5.125% senior notes due 2034 at yield 5.257%
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- $300M aggregate principal, 5.125% coupon, priced at 98.977% to yield 5.257%.
- Effective interest rate 5.08% after prior interest rate hedges, excluding costs.
- Notes mature Sept 1, 2034; settlement expected Aug 15, 2024.
- Net proceeds to repay commercial paper and for general corporate purposes.
- Fully and unconditionally guaranteed by United Dominion Realty, L.P.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/74208/000007420824000067/0000074208-24-000067-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/74208/000007420824000067/udr-20240812x8k.htm
  HTML page:      https://secwatch.observer/filing/0000074208-24-000067

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer