secwatch.observer — SEC 8-K summary
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Issuer:     Mid-America Apartments, L.P. (—)
CIK:        0001581776
Form:       8-K
Filed at:   2025-10-23T23:59:59+00:00
Accession:  0001193125-25-248770
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1581776/000119312525248770/0001193125-25-248770-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/912595/000119312525248770/maa-20251021.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-248770

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer