---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-217976"
form_type: "8-K"
ticker: "PECO"
cik: "0001476204"
company_name: "Phillips Edison & Company, Inc."
filed_at: "2024-09-12T23:59:59+00:00"
generated_at: "2026-05-31T05:13:21.516913+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Phillips Edison subsidiary issues $350M 4.950% Senior Notes due 2035, guaranteed by PECO

## Summary
- Phillips Edison Grocery Center Operating Partnership I issued $350M of 4.950% Senior Notes due January 15, 2035.
- Notes sold at 97.808% of par; net proceeds expected to be approximately $341.2M after underwriting discount and expenses.
- Proceeds to be used for general corporate purposes, including property acquisitions and debt repayment.
- Interest payable semi-annually on January 15 and July 15, beginning January 15, 2025.
- Notes redeemable at make-whole premium before October 15, 2034, and at par thereafter.

## SEC filing metadata
- accession: 0001193125-24-217976
- form_type: 8-K
- ticker: PECO
- cik: 0001476204
- company_name: Phillips Edison & Company, Inc.
- filed_at: 2024-09-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1476204/000119312524217976/0001193125-24-217976-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1476204/000119312524217976/d785276d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-217976
- JSON: https://secwatch.observer/filing/0001193125-24-217976.json
- Plain text: https://secwatch.observer/filing/0001193125-24-217976.txt

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