---
schema_version: "secwatch.filing_event.v1"
accession: "0000912593-24-000017"
form_type: "8-K"
ticker: "SUI"
cik: "0000912593"
company_name: "SUN COMMUNITIES INC"
filed_at: "2024-01-11T23:59:59+00:00"
generated_at: "2026-06-07T00:46:07.517905+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Sun Communities closes $500M offering of 5.500% Notes due 2029

## Summary
- Issued $500M aggregate principal of 5.500% Notes due January 15, 2029 through subsidiary Operating Partnership.
- Net proceeds of approximately $495.4M after underwriting discount and expenses.
- Proceeds used to repay borrowings under senior credit facility and for working capital / general corporate purposes.
- Notes are senior unsecured obligations, fully and unconditionally guaranteed by Sun Communities, Inc.
- Interest payable semi-annually on Jan 15 and Jul 15, beginning Jul 15, 2024.

## SEC filing metadata
- accession: 0000912593-24-000017
- form_type: 8-K
- ticker: SUI
- cik: 0000912593
- company_name: SUN COMMUNITIES INC
- filed_at: 2024-01-11T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/912593/000091259324000017/0000912593-24-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/912593/000091259324000017/sui-20240111.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000912593-24-000017
- JSON: https://secwatch.observer/filing/0000912593-24-000017.json
- Plain text: https://secwatch.observer/filing/0000912593-24-000017.txt

## Key facts
- Debt Financings
  SUN COMMUNITIES INC incurred senior notes of $500 million in aggregate principal amount with underwriters named therein at 5.500% per annum maturing January 15, 2029.
  - Instrument: senior notes
  - Principal: $500 million in aggregate principal amount
  - Counterparty: underwriters named therein
  - Rate: 5.500% per annum
  - Maturity: January 15, 2029
  - Event: incurrence
  source text: On January 11, 2024, Sun Communities Operating Limited Partnership (the "Operating Partnership"), a Michigan limited partnership and subsidiary of Sun Communities, Inc., a Maryland corporation (the "Company", and, together with the Operating Partnership, the "Obligors"), completed an underwritten public offering (the "Offering") of $500 million in aggregate principal amount of its 5.500% Notes due 2029 (the "Notes").
  evidence_url: https://www.sec.gov/Archives/edgar/data/912593/000091259324000017/0000912593-24-000017-index.htm

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