secwatch.observer — SEC 8-K summary
======================================

Issuer:     ESSEX PORTFOLIO LP (—)
CIK:        0001053059
Form:       8-K
Filed at:   2025-12-12T23:59:59+00:00
Accession:  0001140361-25-045386
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Essex issues $350M 4.875% senior notes due 2036 to repay 2026 maturities
------------------------------------------------------------------------

- Issued $350M aggregate principal of 4.875% senior notes due Feb 15, 2036.
- Net proceeds ~$344.2M after underwriting discount and estimated offering expenses.
- Proceeds to fund repayment of $450M 3.375% notes due April 2026 and general corporate purposes.
- Notes are unsecured senior obligations; fully guaranteed by Essex Property Trust, Inc.
- Notes redeemable at par after Nov 15, 2035; earlier redemption at Treasury rate plus 15 bps.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1053059/000114036125045386/0001140361-25-045386-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/920522/000114036125045386/ef20061109_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-045386

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