---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-156973"
form_type: "8-K"
ticker: null
cik: "0001901876"
company_name: "Federal Realty OP LP"
filed_at: "2026-04-15T23:59:59+00:00"
generated_at: "2026-05-15T06:10:56.641459+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Federal Realty OP LP upsizes revolving credit facility to $1.4B, extends maturity to 2030

## Summary
- New $1.4B unsecured revolver replaces $1.25B facility; maturity extended to April 12, 2030 from April 5, 2027.
- Accordion feature allows expansion up to $2.0B.
- SOFR loan margins range 62.5-135 bps; initial margin 72.5 bps at current rating.
- Term loan agreements amended to reflect updated terms, including increased operating flexibility and reduced compliance obligations.
- As of Dec 31, 2025, $310M drawn on old facility; new facility provides additional liquidity.

## SEC filing metadata
- accession: 0001193125-26-156973
- form_type: 8-K
- cik: 0001901876
- company_name: Federal Realty OP LP
- filed_at: 2026-04-15T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1901876/000119312526156973/0001193125-26-156973-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/34903/000119312526156973/d105267d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-156973
- JSON: https://secwatch.observer/filing/0001193125-26-156973.json
- Plain text: https://secwatch.observer/filing/0001193125-26-156973.txt

## Source-grounded claims
- claim_id: 3da6a833e78f391554167d2343c20692ccf2bb06
  claim: Federal Realty OP LP incurred revolving credit of $1.4 billion unsecured revolving credit facility with Wells Fargo Bank, National Association, as Administrative Agent, and the other parties thereto at SOFR plus applicable margin ranging from 62.5 to 135 basis points, initially 72. maturing April 12, 2030, subject to two six-month extensions.
  evidence_excerpt: The New Credit Agreement consists of a $1.4 billion unsecured revolving credit facility (the “New Facility”) with a maturity date of April 12, 2030, subject to two six-month extensions at the option of the Partnership.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1901876/000119312526156973/0001193125-26-156973-index.htm
- claim_id: 079e9822321fdd3b062787011b3c5a63c7e4a4f6
  claim: Federal Realty OP LP entered into Third Amended and Restated Credit Agreement with Wells Fargo Bank, National Association, as Administrative Agent valued at $1.4 billion unsecured revolving credit facility, expandable to $2.0 billion (effective 2026-04-14).
  evidence_excerpt: On April 14, 2026, Federal Realty OP LP (the “Partnership”) entered into a Third Amended and Restated Credit Agreement (the “New Credit Agreement”), by and among the Partnership, as Borrower, the financial institutions party thereto and their permitted assignees, as Lenders, Wells Fargo Bank, National Association, as Administrative Agent, and the other parties thereto. The New Credit Agreement replaces that certain Second Amended and Restated Credit Agreement, dated as of October 5, 2022 (as amended, the “Old Credit Agreement”), by and among the Partnership, as Borrower, and the financial institutions party thereto. The Old Credit Agreement consisted of a $1.25 billion unsecured revolving credit facility (the “Old Facility”) with a maturity date of April 5, 2027. As of December 31, 2025, the Old Facility had an outstanding balance of $310.0 million. The New Credit Agreement consists of a $1.4 billion unsecured revolving credit facility (the “New Facility”) with a maturity date of April
  evidence_url: https://www.sec.gov/Archives/edgar/data/1901876/000119312526156973/0001193125-26-156973-index.htm
- claim_id: bc41d521a43d0b053026723970f60d8f01c5067f
  claim: Federal Realty OP LP terminated Second Amended and Restated Credit Agreement with the financial institutions party thereto valued at $1.25 billion unsecured revolving credit facility (effective 2026-04-14).
  evidence_excerpt: The New Credit Agreement replaces that certain Second Amended and Restated Credit Agreement, dated as of October 5, 2022 (as amended, the “Old Credit Agreement”), by and among the Partnership, as Borrower, and the financial institutions party thereto.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1901876/000119312526156973/0001193125-26-156973-index.htm
- claim_id: d813df7a479b88265b68c6199e4b33251f7e4d45
  claim: Federal Realty OP LP amended Term Loan Agreement (November 17, 2025) with Truist Bank, as Administrative Agent valued at amended to effect changes similar to Updated Terms (effective 2026-04-14).
  evidence_excerpt: and (ii) its Term Loan Agreement, dated as of November 17, 2025, by and among the Partnership, as Borrower, the financial institutions party thereto and their permitted assignees, as Lenders, Truist Bank, as Administrative Agent, and the other parties thereto
  evidence_url: https://www.sec.gov/Archives/edgar/data/1901876/000119312526156973/0001193125-26-156973-index.htm

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