---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-248770"
form_type: "8-K"
ticker: null
cik: "0001581776"
company_name: "Mid-America Apartments, L.P."
filed_at: "2025-10-23T23:59:59+00:00"
generated_at: "2026-05-17T02:30:30.190301+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# MAA enters $1.5B unsecured revolving credit facility, maturing Jan 2030, with accordion to $2.0B

## Summary
- Credit agreement provides $1.5 billion unsecured revolving facility, matures January 21, 2030.
- Accordion feature allows total commitment to increase to up to $2.0 billion.
- Proceeds for general corporate purposes, including debt repayment and backstopping commercial paper.
- Interest based on SOFR plus margin (0.65%-1.40%) or base rate plus margin (0.00%-0.40%), dependent on credit rating.
- Two six-month extension options available, subject to conditions and extension fees.

## SEC filing metadata
- accession: 0001193125-25-248770
- form_type: 8-K
- cik: 0001581776
- company_name: Mid-America Apartments, L.P.
- filed_at: 2025-10-23T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1581776/000119312525248770/0001193125-25-248770-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/912595/000119312525248770/maa-20251021.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-248770
- JSON: https://secwatch.observer/filing/0001193125-25-248770.json
- Plain text: https://secwatch.observer/filing/0001193125-25-248770.txt

## Key facts
- Debt Financings
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1581776/000119312525248770/0001193125-25-248770-index.htm

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