secwatch.observer — SEC 8-K summary
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Issuer:     AGREE REALTY CORP (ADC)
CIK:        0000917251
Form:       8-K
Filed at:   2025-05-23T23:59:59+00:00
Accession:  0001104659-25-052425
Event type: debt
Sentiment:  neutral
Materiality: 0.35
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Agree Realty subsidiary issues $400M of 5.600% Notes due 2035
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- $400M aggregate principal, 5.600% interest, matures June 15, 2035.
- Net proceeds approx. $393.6M after underwriting discount and expenses.
- Notes are senior unsecured obligations, rank equally with existing senior notes.
- Redeemable at make-whole prior to March 15, 2035; at par thereafter.
- Guaranteed by parent Agree Realty and certain subsidiary guarantors.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/917251/000110465925052425/0001104659-25-052425-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/917251/000110465925052425/tm2515647d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-052425

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