---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-255985"
form_type: "8-K"
ticker: "MAC"
cik: "0000912242"
company_name: "MACERICH CO"
filed_at: "2024-11-12T23:59:59+00:00"
generated_at: "2026-05-30T02:35:34.414424+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Macerich launches $500M at-the-market equity offering to repay debt

## Summary
- New ATM program allows sale of up to $500M of common stock through multiple agents (JPM, Deutsche, Goldman, BMO, TD).
- Prior $500M ATM program fully utilized as of Sep 30, 2024; this is a replacement program.
- Net proceeds contributed to operating partnership to repay outstanding indebtedness and for general corporate purposes.
- Sales agents receive commission up to 2% of gross proceeds; no obligation to sell any shares.
- Offering is at-the-market, subject to market conditions and company discretion.

## SEC filing metadata
- accession: 0001193125-24-255985
- form_type: 8-K
- ticker: MAC
- cik: 0000912242
- company_name: MACERICH CO
- filed_at: 2024-11-12T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/912242/000119312524255985/0001193125-24-255985-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/912242/000119312524255985/d840428d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-255985
- JSON: https://secwatch.observer/filing/0001193125-24-255985.json
- Plain text: https://secwatch.observer/filing/0001193125-24-255985.txt

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