{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-060580","form_type":"8-K","ticker":"ADC","cik":"0000917251","company_name":"AGREE REALTY CORP","filed_at":"2024-05-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.441017+00:00","generated_at":"2026-06-02T03:05:38.170188+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Agree Realty subsidiary issues $450M 5.625% Notes due 2034","bullets":["Agree Limited Partnership issued $450M aggregate principal of 5.625% senior unsecured Notes due June 15, 2034.","Net proceeds to parent Agree Realty Corporation ~$440.8M after underwriting discount and expenses.","Notes guaranteed by Agree Realty Corporation and certain wholly owned subsidiaries.","Interest payable semi-annually on June 15 and December 15, beginning December 15, 2024.","Issuer may redeem notes at make-whole premium prior to March 15, 2034, thereafter at par."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-060580","json":"https://secwatch.observer/filing/0001104659-24-060580.json","markdown":"https://secwatch.observer/filing/0001104659-24-060580.md","text":"https://secwatch.observer/filing/0001104659-24-060580.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/917251/000110465924060580/0001104659-24-060580-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/917251/000110465924060580/tm2414112d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T03:05:38.170188+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8562ce8432a3f9f32f86206a5346029f67b70ae5","claim":"AGREE REALTY CORP incurred senior notes of $450 million with U.S. Bank Trust Company, National Association at 5.625% per annum maturing June 15, 2034.","evidence_excerpt":"On May 13, 2024, Agree Limited Partnership (the “Issuer”), a Delaware limited partnership and subsidiary of Agree Realty Corporation, a Maryland corporation (the “Parent Guarantor”), completed an underwritten public offering of $450 million in aggregate principal amount of its 5.625% Notes due 2034 (the “Notes”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/917251/000110465924060580/0001104659-24-060580-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$450 million"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Rate","value":"5.625% per annum"},{"label":"Maturity","value":"June 15, 2034"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}