{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-009415","form_type":"8-K","ticker":"SUI","cik":"0000912593","company_name":"SUN COMMUNITIES INC","filed_at":"2023-01-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.515609+00:00","generated_at":"2026-06-20T15:08:10.281653+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"Sun Communities Operating LP issues $400M 5.700% Notes due 2033, guaranteed by SUI","bullets":["$400M aggregate principal of 5.700% senior unsecured notes due Jan 15, 2033.","Net proceeds of ~$395.3M to repay senior credit facility, fund acquisitions, and for general purposes.","Notes are fully and unconditionally guaranteed by Sun Communities, Inc. (SUI).","Interest payable semi-annually on Jan 15 and Jul 15, starting Jul 15, 2023.","Redemption at par plus make-whole prior to Oct 15, 2032; thereafter at par."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-009415","json":"https://secwatch.observer/filing/0001193125-23-009415.json","markdown":"https://secwatch.observer/filing/0001193125-23-009415.md","text":"https://secwatch.observer/filing/0001193125-23-009415.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/912593/000119312523009415/0001193125-23-009415-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/912593/000119312523009415/d427359d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T15:08:10.281653+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":"d31285c6aa2456bb3619006c5a6a68273ccf08df","claim":"SUN COMMUNITIES INC incurred senior notes of $400 million at 5.700% per annum maturing 2033-01-15.","evidence_excerpt":"On January 17, 2023, Sun Communities Operating Limited Partnership (the “Operating Partnership”), a Michigan limited partnership and subsidiary of Sun Communities, Inc., a Maryland corporation (the “Company”, and, together with the Operating Partnership, the “Obligors”), completed an underwritten public offering (the “Offering”) of $400 million in aggregate principal amount of its 5.700% Notes due 2033 (the “Notes”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/912593/000119312523009415/0001193125-23-009415-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$400 million"},{"label":"Rate","value":"5.700% per annum"},{"label":"Maturity","value":"2033-01-15"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}