secwatch.observer — SEC 8-K summary
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Issuer:     AGREE REALTY CORP (ADC)
CIK:        0000917251
Form:       8-K
Filed at:   2024-05-13T23:59:59+00:00
Accession:  0001104659-24-060580
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Agree Realty subsidiary issues $450M 5.625% Notes due 2034
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/917251/000110465924060580/0001104659-24-060580-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/917251/000110465924060580/tm2414112d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-060580

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