secwatch.observer — SEC 8-K summary
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Issuer:     ACADIA REALTY TRUST (AKR)
CIK:        0000899629
Form:       8-K
Filed at:   2022-04-11T23:59:59+00:00
Accession:  0000950170-22-005567
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Acadia Realty Trust enters $175M term loan facility maturing 2027
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- $175M term loan entered on April 6, 2022, maturing April 6, 2027, with no scheduled principal payments before maturity.
- Proceeds used to repay outstanding revolving credit facility borrowings.
- Interest at Term SOFR plus margin or Base Rate plus margin; margin based on leverage ratio or credit ratings.
- Guaranteed by Acadia Realty Trust and certain subsidiaries.
- Contains customary covenants including limitations on dividends.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/899629/000095017022005567/0000950170-22-005567-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/899629/000095017022005567/akr-20220406.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-005567

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