secwatch.observer — SEC 8-K summary
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Issuer:     BXP, Inc. (BXP)
CIK:        0001037540
Form:       8-K
Filed at:   2023-01-09T23:59:59+00:00
Accession:  0001656423-23-000003
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Boston Properties Limited Partnership enters into $1.2 billion unsecured term loan facility, repays $730M existing loan
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- Borrowed $1.2 billion unsecured term loan under Credit Agreement dated Jan 4, 2023.
- Facility matures May 16, 2024, with one 12-month extension option.
- Interest rate at adjusted Term SOFR plus 85 bps based on current credit rating.
- Proceeds used to repay $730 million existing term loan due May 2023.
- Option to increase facility by up to $300 million.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1037540/000165642323000003/0001656423-23-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1037540/000165642323000003/bxp-20230104.htm
  HTML page:      https://secwatch.observer/filing/0001656423-23-000003

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