secwatch.observer — SEC 8-K summary
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Issuer:     BXP, Inc. (BXP)
CIK:        0001037540
Form:       8-K
Filed at:   2023-06-06T23:59:59+00:00
Accession:  0001656423-23-000034
Event type: debt
Sentiment:  neutral
Materiality: 0.25
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Boston Properties amends credit agreement to replace LIBOR with SOFR, adds 0.10% spread adjustment
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- Amendment dated June 1, 2023 to Ninth Amended and Restated Credit Agreement.
- Replaces LIBOR-based daily floating rate with SOFR-based daily floating rate.
- Adds SOFR-based term floating rates and alternative currency loan options.
- Adds SOFR credit spread adjustment of 0.10%.
- Other material terms of the credit agreement remain unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1037540/000165642323000034/0001656423-23-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1037540/000165642323000034/bxp-20230601.htm
  HTML page:      https://secwatch.observer/filing/0001656423-23-000034

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