secwatch.observer — SEC 8-K summary
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Issuer:     Phillips Edison & Company, Inc. (PECO)
CIK:        0001476204
Form:       8-K
Filed at:   2022-11-21T23:59:59+00:00
Accession:  0001193125-22-289946
Event type: other
Sentiment:  neutral
Materiality: 0.10
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Phillips Edison amends credit agreements to transition from LIBOR to SOFR benchmark rates
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- Amended credit agreements with Bank of America, KeyBank, and Capital One to replace LIBOR with SOFR-based rates.
- No changes to total commitments or other key terms; transition aligns with market phase-out of LIBOR.
- Amendments executed on November 17, 2022, and effective the same date.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1476204/000119312522289946/0001193125-22-289946-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1476204/000119312522289946/d330262d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-289946

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