secwatch.observer — SEC 8-K summary
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Issuer:     SUN COMMUNITIES INC (SUI)
CIK:        0000912593
Form:       8-K
Filed at:   2024-01-05T23:59:59+00:00
Accession:  0000912593-24-000012
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sun Communities prices $500M of 5.500% senior notes due 2029
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- $500M aggregate principal of 5.500% senior notes due 2029, priced at 99.878% for yield of 5.528%.
- Notes are senior unsecured obligations, fully guaranteed by Sun Communities, Inc.
- Net proceeds to repay borrowings under senior credit facility and for working capital/general corporate purposes.
- Offering expected to close January 11, 2024, subject to customary conditions.
- Joint book-running managers include Citigroup, J.P. Morgan, BofA Securities, and others.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/912593/000091259324000012/0000912593-24-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/912593/000091259324000012/sui-20240104.htm
  HTML page:      https://secwatch.observer/filing/0000912593-24-000012

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