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

Issuer:     SUN COMMUNITIES INC (SUI)
CIK:        0000912593
Form:       8-K
Filed at:   2023-01-17T23:59:59+00:00
Accession:  0001193125-23-009415
Event type: debt
Sentiment:  neutral
Materiality: 0.35
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- $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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/912593/000119312523009415/0001193125-23-009415-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/912593/000119312523009415/d427359d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-009415

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