---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-282807"
form_type: "8-K"
ticker: null
cik: "0001581776"
company_name: "Mid-America Apartments, L.P."
filed_at: "2026-06-25T20:15:18+00:00"
generated_at: "2026-06-25T20:18:44.386848+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# MAA enters $350M unsecured term loan facility maturing November 2030

## Summary
- Delayed draw term loan of up to $350M; proceeds for general corporate purposes and debt repayment.
- Maturity November 15, 2030; draws allowed until December 21, 2026, with up to five draws.
- Interest at SOFR plus margin of 0.675% to 1.55% based on credit rating; base rate plus 0% to 0.55%.
- Quarterly commitment fee of 0.15% per annum on undrawn amounts; accordion feature to increase to $550M.
- Loan contains customary financial covenants identical to existing unsecured revolving credit facility.

## SEC filing metadata
- accession: 0001193125-26-282807
- form_type: 8-K
- cik: 0001581776
- company_name: Mid-America Apartments, L.P.
- filed_at: 2026-06-25T20:15:18+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1581776/000119312526282807/0001193125-26-282807-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/912595/000119312526282807/maa-20260622.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-282807
- JSON: https://secwatch.observer/filing/0001193125-26-282807.json
- Plain text: https://secwatch.observer/filing/0001193125-26-282807.txt

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