Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.95
Mid-America Apartments, L.P. incurred revolving credit of $1.5 billion with Wells Fargo Bank, National Association at SOFR plus applicable margin ranging from 0.65% to 1.40% based on MAALP’s credit maturing January 21, 2030, with up to two six-month extensions.
- Instrument
- revolving credit
- Principal
- $1.5 billion
- Counterparty
- Wells Fargo Bank, National Association
- Rate
- SOFR plus applicable margin ranging from 0.65% to 1.40% based on MAALP’s credit
- Maturity
- January 21, 2030, with up to two six-month extensions
- Event
- incurrence
Exact text from the filing
On October 21, 2025, Mid-America Apartments, L.P. (“MAALP”), the operating partnership of Mid-America Apartment Communities, Inc. (“MAA”), entered into a Fifth Amended and Restated Credit Agreement (the “Credit Agreement”) with Wells Fargo Bank, National Association, as Administrative Agent, Wells Fargo Securities, LLC, KeyBanc Capital Markets Inc., and JPMorgan Chase Bank, N.A., as Joint Lead Arrangers and Joint Bookrunners, KeyBank National Association and JPMorgan Chase Bank, N.A., as Co-Syndication Agents, Truist Bank, U.S. Bank National Association, PNC Bank, National Association, Citibank, N.A., TD Bank, N.A., and Mizuho Bank, LTD., as Co-Documentation Agents, and the lenders party thereto. The Credit Agreement provides an unsecured revolving credit facility in the principal amount of up to $1.5 billion, with a $75 million sub-limit for letters of credit.
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