{"schema_version":"secwatch.filing_event.v1","accession":"0000912593-23-000012","form_type":"8-K","ticker":"SUI","cik":"0000912593","company_name":"SUN COMMUNITIES INC","filed_at":"2023-01-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.515375+00:00","generated_at":"2026-06-20T17:23:04.655582+00:00","sec_items":["1.01","3.02","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Sun Communities prices $400M 5.700% senior notes due 2033 at 99.729% of par","bullets":["$400M 5.700% senior notes due 2033 priced at 99.729% (yield 5.736%).","Proceeds to repay credit facility borrowings, fund acquisitions, and for working capital.","Closing expected Jan 17, 2023; notes are unsecured senior obligations guaranteed by SUI.","Issued 31,289 OP units at $142.108/unit for contributed assets, exchangeable into common stock.","Initial holder agreed to six-month lock-up on shares issuable upon exchange."],"urls":{"canonical":"https://secwatch.observer/filing/0000912593-23-000012","json":"https://secwatch.observer/filing/0000912593-23-000012.json","markdown":"https://secwatch.observer/filing/0000912593-23-000012.md","text":"https://secwatch.observer/filing/0000912593-23-000012.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/912593/000091259323000012/0000912593-23-000012-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/912593/000091259323000012/sui-20230109.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T17:23:04.655582+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7c5e2addd1be3493f100dd47f28a3166f1f621e8","claim":"SUN COMMUNITIES INC entered into Underwriting Agreement with Citigroup Global Markets Inc., J.P. Morgan Securities LLC and BofA Securities, Inc., as representatives of the several underwriters valued at $400 million (effective 2023-01-09).","evidence_excerpt":"On January 9, 2023, Sun Communities Operating Limited Partnership (the “Operating Partnership”), and Sun Communities, Inc. (the “Company” and together with the Operating Partnership, the “Obligors”) entered into an underwriting agreement (the “Underwriting Agreement”) with Citigroup Global Markets Inc., J.P. Morgan Securities LLC and BofA Securities, Inc., as representatives of the several underwriters named in Schedule I of the Underwriting Agreement (collectively the “Underwriters”), in connection with the public offering by the Operating Partnership of $400 million in aggregate principal amount of its 5.700% Senior Notes due 2033 (the “Notes”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/912593/000091259323000012/0000912593-23-000012-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"underwriting"},{"label":"Counterparty","value":"Citigroup Global Markets Inc., J.P. Morgan Securities LLC and BofA Securities, Inc., as representatives of the several underwriters"},{"label":"Value","value":"$400 million"},{"label":"Effective","value":"2023-01-09"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}