---
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"
generated_at: "2026-06-20T15:08:10.281653+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Sun Communities Operating LP issues $400M 5.700% Notes due 2033, guaranteed by SUI

## Summary
- $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.

## SEC filing metadata
- 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
- event_type: debt
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-009415
- JSON: https://secwatch.observer/filing/0001193125-23-009415.json
- Plain text: https://secwatch.observer/filing/0001193125-23-009415.txt

## Key facts
- Debt Financings
  SUN COMMUNITIES INC incurred senior notes of $400 million at 5.700% per annum maturing 2033-01-15.
  - Instrument: senior notes
  - Principal: $400 million
  - Rate: 5.700% per annum
  - Maturity: 2033-01-15
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/912593/000119312523009415/0001193125-23-009415-index.htm

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