secwatch.observer — SEC 8-K summary
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Issuer:     SUN COMMUNITIES INC (SUI)
CIK:        0000912593
Form:       8-K
Filed at:   2024-01-11T23:59:59+00:00
Accession:  0000912593-24-000017
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/912593/000091259324000017/0000912593-24-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/912593/000091259324000017/sui-20240111.htm
  HTML page:      https://secwatch.observer/filing/0000912593-24-000017

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