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8-K filed January 30, 2023, 6:59 PM ET ticker KRC CIK 0001025996
debt confidence high sentiment neutral materiality 0.50

KILROY REALTY CORP (KRC): debt financing — Kilroy Realty expands term loan facility to $500M and boosts accordion capacity to $650M

KILROY REALTY CORP

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

KILROY REALTY CORP amended term loan of up to $500 million with JPMorgan Chase Bank, N.A..

Instrument
term loan
Principal
up to $500 million
Counterparty
JPMorgan Chase Bank, N.A.
Event
amendment
Exact text from the filing
On January 27, 2023, the Operating Partnership entered into an amendment to the Term Loan Agreement to (i) exercise the accordion feature under the Term Loan Agreement to provide for borrowings of up to $500 million and (ii) increase the capacity under the accordion feature to provide additional term loan commitments or add one or more tranches of term loans up to an aggregate amount of $650 million, subject to obtaining lender commitments and the satisfaction of certain customary conditions.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

KILROY REALTY CORP amended a credit facility with the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent valued at $500 million (effective 2023-01-27).

Action
amendment
Agreement
credit facility
Counterparty
the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent
Value
$500 million
Effective
2023-01-27
Exact text from the filing
On January 27, 2023, the Operating Partnership entered into an amendment to the Term Loan Agreement to (i) exercise the accordion feature under the Term Loan Agreement to provide for borrowings of up to $500 million and (ii) increase the capacity under the accordion feature to provide additional term loan commitments or add one or more tranches of term loans up to an aggregate amount of $650 million, subject to obtaining lender commitments and the satisfaction of certain customary conditions.
View on SEC.gov

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KILROY REALTY CORP filing history →

Source: SEC EDGAR
accession 0001193125-23-019065
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