---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-256654"
form_type: "8-K"
ticker: "KRC"
cik: "0001025996"
company_name: "KILROY REALTY CORP"
filed_at: "2022-10-03T23:59:59+00:00"
generated_at: "2026-06-23T05:48:29.583483+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Kilroy Realty closes $400M unsecured term loan facility with SOFR-based pricing

## Summary
- $400M unsecured term loan, matures Oct 3, 2026, with two 1-year extension options.
- Borrowing rate variable: one-month SOFR plus 95 bps, based on ratings grid.
- $100M accordion feature to increase commitments subject to lender commitments.
- Proceeds for general corporate purposes, including funding development and redevelopment projects.
- Also amended revolving credit agreement to replace LIBOR with SOFR as benchmark.

## SEC filing metadata
- accession: 0001193125-22-256654
- form_type: 8-K
- ticker: KRC
- cik: 0001025996
- company_name: KILROY REALTY CORP
- filed_at: 2022-10-03T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1025996/000119312522256654/0001193125-22-256654-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1025996/000119312522256654/d393304d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-256654
- JSON: https://secwatch.observer/filing/0001193125-22-256654.json
- Plain text: https://secwatch.observer/filing/0001193125-22-256654.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.