{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-24-013247","form_type":"8-K","ticker":null,"cik":"0001053059","company_name":"ESSEX PORTFOLIO LP","filed_at":"2024-03-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.238813+00:00","generated_at":"2026-06-04T18:43:28.262829+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Essex issues $350M 5.500% senior notes due 2034 to refinance maturing debt","bullets":["Issued $350M aggregate principal amount of 5.500% senior notes due April 1, 2034.","Net proceeds of approximately $346.5M after underwriting discount and expenses.","Proceeds to repay 3.875% notes maturing May 2024 and for general corporate purposes.","Notes are unsecured senior obligations, guaranteed by Essex Property Trust, Inc.","Redeemable at Treasury rate plus 25 bps prior to Jan 1, 2034, thereafter at par."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-24-013247","json":"https://secwatch.observer/filing/0001140361-24-013247.json","markdown":"https://secwatch.observer/filing/0001140361-24-013247.md","text":"https://secwatch.observer/filing/0001140361-24-013247.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1053059/000114036124013247/0001140361-24-013247-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/920522/000114036124013247/ny20023289x7_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T18:43:28.262829+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":"b04ac0547b3382c97b7b83d61ac817cd66dc5ba8","claim":"ESSEX PORTFOLIO LP incurred senior notes of $350.0 million with U.S. Bank Trust Company, National Association at 5.500% per annum maturing April 1, 2034.","evidence_excerpt":"On March 14, 2024, the Operating Partnership issued $350.0 million aggregate principal amount of Notes.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1053059/000114036124013247/0001140361-24-013247-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$350.0 million"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Rate","value":"5.500% per annum"},{"label":"Maturity","value":"April 1, 2034"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"598e0c3534916344e3a31032d88d7657dc9ead90","claim":"ESSEX PORTFOLIO LP entered into 5.500% Senior Notes due 2034 Indenture with U.S. Bank Trust Company, National Association valued at $350,000,000 (effective 2024-03-14).","evidence_excerpt":"On March 14, 2024, Essex Portfolio, L.P. (the “Operating Partnership”), the operating partnership of Essex Property Trust, Inc. (the “Company”), issued $350.0 million aggregate principal amount of its 5.500% senior notes due 2034 (the “Notes”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1053059/000114036124013247/0001140361-24-013247-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"U.S. Bank Trust Company, National Association"},{"label":"Value","value":"$350,000,000"},{"label":"Effective","value":"2024-03-14"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}