Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
ACADIA REALTY TRUST amended term loan of $400.0 million with Bank of America, N.A., as administrative agent at for the term loan facility, the applicable margin for SOFR loans was 1.4% maturing April 15, 2028.
- Instrument
- term loan
- Principal
- $400.0 million
- Counterparty
- Bank of America, N.A., as administrative agent
- Rate
- for the term loan facility, the applicable margin for SOFR loans was 1.4%
- Maturity
- April 15, 2028
- Event
- amendment
Exact text from the filing
the Third Amended and Restated Credit Facility also provides for a term loan facility of $400.0 million, the term for which was extended from June 29, 2026 to April 15, 2028
View on SEC.gov
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
ACADIA REALTY TRUST amended revolving credit of $350.0 million with Bank of America, N.A., as administrative agent at for the revolving credit facility, the applicable margin for SOFR loans was 1.25 maturing April 15, 2028.
- Instrument
- revolving credit
- Principal
- $350.0 million
- Counterparty
- Bank of America, N.A., as administrative agent
- Rate
- for the revolving credit facility, the applicable margin for SOFR loans was 1.25
- Maturity
- April 15, 2028
- Event
- amendment
Exact text from the filing
The Third Amended and Restated Credit Facility provides for an increase in the revolving credit facility under the Existing Credit Facility from $300.0 million to $350.0 million and the extension of the term from June 29, 2025 to April 15, 2028
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
ACADIA REALTY TRUST amended Third Amended and Restated Credit Agreement with Bank of America, N.A., as administrative agent, Wells Fargo Bank, National Association, Truist Bank, and PNC Bank, National Association, as syndication agents, BofA Securities, Inc. and Wells Fargo Securities, LLC, as joint bookrunners, and BofA Securities, Inc., Wells Fargo Securities, LLC, Truist (effective 2024-04-15).
- Action
- amendment
- Agreement
- credit facility
- Counterparty
- Bank of America, N.A., as administrative agent, Wells Fargo Bank, National Association, Truist Bank, and PNC Bank, National Association, as syndication agents, BofA Securities, Inc. and Wells Fargo Securities, LLC, as joint bookrunners, and BofA Securities, Inc., Wells Fargo Securities, LLC, Truist
- Effective
- 2024-04-15
Exact text from the filing
On April 15, 2024, Acadia Realty Limited Partnership, a Delaware limited partnership (the “Operating Partnership”), and its general partner, Acadia Realty Trust, a Maryland real estate investment trust (the “Company”), entered into a Third Amended and Restated Credit Agreement (the “Third Amended and Restated Credit Facility”) with Bank of America, N.A., as administrative agent, Wells Fargo Bank, National Association, Truist Bank, and PNC Bank, National Association, as syndication agents, BofA Securities, Inc. and Wells Fargo Securities, LLC, as joint bookrunners, and BofA Securities, Inc., Wells Fargo Securities, LLC, Truist Securities, Inc. and PNC Capital Markets LLC, as joint lead arrangers, and the lenders and letter of credit issuers party thereto.
View on SEC.gov