---
schema_version: "secwatch.filing_event.v1"
accession: "0001476204-24-000015"
form_type: "8-K"
ticker: "PECO"
cik: "0001476204"
company_name: "Phillips Edison & Company, Inc."
filed_at: "2024-01-16T23:59:59+00:00"
generated_at: "2026-06-06T23:06:44.604703+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# PECO enters $150M interest rate swap fixing SOFR at 3.45% until Dec 2025

## Summary
- Notional amount $150M, fixed rate ~3.45% on daily SOFR, effective Sep 25, 2024, matures Dec 31, 2025.
- Designated as cash flow hedge to mitigate interest rate risk on variable-rate term loans.
- Swap is not for trading purposes; entered under ISDA Master Agreement on Jan 12, 2024.

## SEC filing metadata
- accession: 0001476204-24-000015
- form_type: 8-K
- ticker: PECO
- cik: 0001476204
- company_name: Phillips Edison & Company, Inc.
- filed_at: 2024-01-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1476204/000147620424000015/0001476204-24-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1476204/000147620424000015/cik0001476204-20240112.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001476204-24-000015
- JSON: https://secwatch.observer/filing/0001476204-24-000015.json
- Plain text: https://secwatch.observer/filing/0001476204-24-000015.txt

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