---
schema_version: "secwatch.filing_event.v1"
accession: "0001482512-22-000127"
form_type: "8-K"
ticker: "HPP"
cik: "0001482512"
company_name: "Hudson Pacific Properties, Inc."
filed_at: "2022-09-16T23:59:59+00:00"
generated_at: "2026-06-23T09:04:44.518079+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.15
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Hudson Pacific amends credit facility to replace LIBOR with Term SOFR plus 10 bps spread

## Summary
- First Modification Agreement dated Sept 15, 2022; effective immediately.
- Term SOFR replaces LIBOR for USD borrowings; credit spread adjustment of 0.10% added.
- No change to $1B revolving commitment, maturity, or other covenants.
- LIBOR-based loans transitioned to Adjusted Term SOFR or Adjusted Daily Simple SOFR.
- Amendment follows industry-wide benchmark transition; no financial impact disclosed.

## SEC filing metadata
- accession: 0001482512-22-000127
- form_type: 8-K
- ticker: HPP
- cik: 0001482512
- company_name: Hudson Pacific Properties, Inc.
- filed_at: 2022-09-16T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.15
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1482512/000148251222000127/0001482512-22-000127-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1482512/000148251222000127/hpp-20220915.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001482512-22-000127
- JSON: https://secwatch.observer/filing/0001482512-22-000127.json
- Plain text: https://secwatch.observer/filing/0001482512-22-000127.txt

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