---
schema_version: "secwatch.filing_event.v1"
accession: "0000912593-25-000243"
form_type: "8-K"
ticker: "SUI"
cik: "0000912593"
company_name: "SUN COMMUNITIES INC"
filed_at: "2025-09-22T23:59:59+00:00"
generated_at: "2026-05-17T06:03:48.217814+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Sun Communities enters $2.0B revolving credit facility, replaces $3.05B facility, matures Jan 2030

## Summary
- New credit agreement upsized to $2.0B revolver with option to increase by $1.0B; no borrowings at closing.
- Maturity extended to January 31, 2030 from April 2026; two six-month extension options available.
- Interest margins tied to credit ratings: currently 0.725% for benchmark loans and 0.000% for ABR loans.
- Prior $3.05B credit facility terminated effective September 17, 2025.
- Parent guarantor Sun Communities, Inc. guarantees obligations; borrower is Sun Communities Operating LP.

## SEC filing metadata
- accession: 0000912593-25-000243
- form_type: 8-K
- ticker: SUI
- cik: 0000912593
- company_name: SUN COMMUNITIES INC
- filed_at: 2025-09-22T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/912593/000091259325000243/0000912593-25-000243-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/912593/000091259325000243/sui-20250917.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000912593-25-000243
- JSON: https://secwatch.observer/filing/0000912593-25-000243.json
- Plain text: https://secwatch.observer/filing/0000912593-25-000243.txt

## Key facts
- Debt Financings
  SUN COMMUNITIES INC incurred credit facility of up to $2.0 billion with J.P. Morgan, as Administrative Agent at the current margins are 0.725% for all loans other than ABR loans and 0.000% for maturing January 31, 2030.
  - Instrument: credit facility
  - Principal: up to $2.0 billion
  - Counterparty: J.P. Morgan, as Administrative Agent
  - Rate: the current margins are 0.725% for all loans other than ABR loans and 0.000% for
  - Maturity: January 31, 2030
  - Event: incurrence
  source text: Pursuant to the New Credit Agreement, SCOLP may borrow up to $2.0 billion under a revolving loan (the “New Credit Facility”). The New Credit Agreement also permits, subject to the satisfaction of certain conditions, additional borrowings (with the consent of the Administrative Agent and the other lenders) in an amount not to exceed $1.0 billion. The New Credit Facility’s maturity date is January 31, 2030, and, at SCOLP’s option, the maturity date may be extended for two additional six-month periods, subject to the satisfaction of certain conditions. The New Credit Facility offers various interest rates for borrowings under U.S. Dollars (alternate base rate (ABR), Term SOFR Rate and Daily Effective SOFR), Euros (the Adjusted EURIBOR Rate and the Daily Simple SONIA Rate), Canadian Dollars (the Term CORRA Rate and the Daily Simple CORRA) and Australian Dollars (the BBSY Rate,) plus a margin that is determined based on the Company’s credit ratings calculated in accordance with the New Cred
  evidence_url: https://www.sec.gov/Archives/edgar/data/912593/000091259325000243/0000912593-25-000243-index.htm

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