secwatch.observer — SEC 8-K summary
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Issuer:     ACADIA REALTY TRUST (AKR)
CIK:        0000899629
Form:       8-K
Filed at:   2026-04-20T23:59:59+00:00
Accession:  0001104659-26-045244
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Acadia Realty closes amended $525M revolver extended to 2030, adds $137.5M term loan
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- Revolver capacity $525M, maturity extended from Apr 2028 to Apr 2030, with two 6-month extension options.
- New $137.5M term loan A-3 added, maturing Apr 2031; existing $400M term loan increased to $512.5M and extended to Apr 2031.
- Term loan A-2 of $250M unchanged, maturing May 2030. Accordion feature ups capacity to $2.0B.
- SOFR-based pricing: revolver margin 1.00%, term loan A-1/A-3 margin 1.15%, term loan A-2 margin 1.20%.
- Covenants include leverage ratio, fixed-charge coverage, and limits on dividends and distributions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/899629/000110465926045244/0001104659-26-045244-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/899629/000110465926045244/tm2612083d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-045244

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