secwatch.observer — SEC 8-K summary
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Issuer:     ACADIA REALTY TRUST (AKR)
CIK:        0000899629
Form:       8-K
Filed at:   2024-09-13T23:59:59+00:00
Accession:  0001104659-24-099537
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 1.02, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Acadia Realty upsizes revolver to $525M, repays $175M term loan
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- Revolver increased from $350M to $525M; accordion capacity raised from $900M to $1.1B.
- $175M term loan fully repaid using cash on hand and borrowings under the amended revolver.
- No early termination penalties incurred in connection with the term loan repayment.
- Effective September 12, 2024; terms and conditions of the revolver unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/899629/000110465924099537/0001104659-24-099537-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/899629/000110465924099537/tm2423960d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-099537

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer