{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-072159","form_type":"8-K","ticker":"KRG","cik":"0001286043","company_name":"KITE REALTY GROUP TRUST","filed_at":"2025-07-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.584527+00:00","generated_at":"2026-05-17T22:51:27.151929+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Kite Realty cuts borrowing costs: eliminates SOFR adjustment, lowers term loan margins","bullets":["Eliminated 0.10% SOFR spread adjustment on $1.1B revolver and $300M term loan.","Reduced margin on $300M term loan from 1.15%-2.20% to 0.75%-1.60%.","Eliminated 0.10% SOFR spread adjustment on $250M term loan (matures Oct 2027).","Maturities unchanged: revolver Oct 2028, $300M term July 2029.","Amendments executed July 28, 2025 with KeyBank as administrative agent."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-072159","json":"https://secwatch.observer/filing/0001104659-25-072159.json","markdown":"https://secwatch.observer/filing/0001104659-25-072159.md","text":"https://secwatch.observer/filing/0001104659-25-072159.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1286043/000110465925072159/0001104659-25-072159-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1286043/000110465925072159/tm2521971d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T22:51:27.151929+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":"45aed1232d5f090e525131cabec8606798ae2d64","claim":"KITE REALTY GROUP TRUST amended term loan with KeyBank National Association at elimination of the 0.10% SOFR spread adjustment component of the interest rate a.","evidence_excerpt":"The Fourth Amendment provides for certain pricing adjustments applicable to each of the Revolving Facility and the $300M Term Loan, including, among other things, (i) the elimination of the 0.10% SOFR spread adjustment for all loans and (ii) with respect to the $300M Term Loan, a decrease in the interest rate margin from a range of 1.15% to 2.20% to a range of 0.75% to 1.60%, in each case, with the applicable margin level determined according to the credit rating of the Operating Partnership.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1286043/000110465925072159/0001104659-25-072159-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Counterparty","value":"KeyBank National Association"},{"label":"Rate","value":"elimination of the 0.10% SOFR spread adjustment component of the interest rate a"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"45aed1232d5f090e525131cabec8606798ae2d64","claim":"KITE REALTY GROUP TRUST amended term loan with KeyBank National Association at elimination of the 0.10% SOFR spread adjustment component of the interest rate a.","evidence_excerpt":"The Third Amendment provides for the elimination of the 0.10% SOFR spread adjustment component of the interest rate applicable to the $250M Term Loan.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1286043/000110465925072159/0001104659-25-072159-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"term loan"},{"label":"Counterparty","value":"KeyBank National Association"},{"label":"Rate","value":"elimination of the 0.10% SOFR spread adjustment component of the interest rate a"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"ca0827d59bb17281bd76bf6c93928d40d4b0f561","claim":"KITE REALTY GROUP TRUST amended revolving credit with KeyBank National Association at elimination of the 0.10% SOFR spread adjustment for all loans.","evidence_excerpt":"The Fourth Amendment provides for certain pricing adjustments applicable to each of the Revolving Facility and the $300M Term Loan, including, among other things, (i) the elimination of the 0.10% SOFR spread adjustment for all loans and (ii) with respect to the $300M Term Loan, a decrease in the interest rate margin from a range of 1.15% to 2.20% to a range of 0.75% to 1.60%, in each case, with the applicable margin level determined according to the credit rating of the Operating Partnership.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1286043/000110465925072159/0001104659-25-072159-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"revolving credit"},{"label":"Counterparty","value":"KeyBank National Association"},{"label":"Rate","value":"elimination of the 0.10% SOFR spread adjustment for all loans"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}