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

Issuer:     KILROY REALTY CORP (KRC)
CIK:        0001025996
Form:       8-K
Filed at:   2021-09-24T23:59:59+00:00
Accession:  0001193125-21-282234
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kilroy Realty prices $450M 2.650% senior notes due 2033; to redeem $300M 3.800% notes due 2023
--------------------------------------------------------------------------------

- Issued $450M aggregate principal of 2.650% Senior Notes due 2033 at 99.957% of par; net proceeds ~$445.8M.
- Proceeds will redeem all $300M outstanding 3.800% Senior Notes due 2023 on October 25, 2021.
- Expects ~$13.8M loss from early extinguishment of debt in Q4 2021, not included in prior guidance.
- Offering expected to close October 7, 2021; notes fully guaranteed by Kilroy Realty Corporation.
- May allocate net proceeds to Eligible Green Projects, including Kilroy Oyster Point (Phase 1) in South San Francisco.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1025996/000119312521282234/0001193125-21-282234-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1025996/000119312521282234/d116618d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-282234

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