secwatch.observer — SEC 8-K summary
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Issuer:     ALEXANDRIA REAL ESTATE EQUITIES, INC. (ARE)
CIK:        0001035443
Form:       8-K
Filed at:   2024-09-19T23:59:59+00:00
Accession:  0001035443-24-000271
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

Alexandria enters $5B unsecured revolving credit facility, extending maturity to Jan 2030
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- Third Amended Credit Agreement replaces prior $4B facility; accordion option for additional $1B.
- Interest margin at closing 0.855% (Floating Rate/Daily RFR) including 10 bps credit spread adjustment and 2 bps sustainability adjustment.
- Maturity date January 22, 2030, with two six-month extension options subject to conditions.
- Agreement executed on Sept 19, 2024; Citibank administrative agent; joint lead arrangers include BofA, JPMorgan, Goldman Sachs, RBC, and others.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1035443/000103544324000271/0001035443-24-000271-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1035443/000103544324000271/are-20240919.htm
  HTML page:      https://secwatch.observer/filing/0001035443-24-000271

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