---
schema_version: "secwatch.filing_event.v1"
accession: "0001656423-23-000042"
form_type: "8-K"
ticker: "BXP"
cik: "0001037540"
company_name: "BXP, Inc."
filed_at: "2023-10-02T23:59:59+00:00"
generated_at: "2026-06-10T06:13:29.752342+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# BXP increases revolving credit capacity by $315M to $1.815B via accordion exercise

## Summary
- Borrowing capacity under credit agreement raised from $1.5B to $1.815B effective September 28, 2023.
- New lenders M&T Bank, Sumitomo Mitsui Banking Corporation, and Banco Bilbao Vizcaya Argentaria joined as documentation agents.
- All other terms of the Ninth Amended and Restated Credit Agreement remain unchanged.
- Certain new lenders or affiliates may provide other financial services to BXP in the ordinary course.

## SEC filing metadata
- accession: 0001656423-23-000042
- form_type: 8-K
- ticker: BXP
- cik: 0001037540
- company_name: BXP, Inc.
- filed_at: 2023-10-02T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1037540/000165642323000042/0001656423-23-000042-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1037540/000165642323000042/bxp-20230928.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001656423-23-000042
- JSON: https://secwatch.observer/filing/0001656423-23-000042.json
- Plain text: https://secwatch.observer/filing/0001656423-23-000042.txt

## Key facts
- Debt Financings
  BXP, Inc. amended revolving credit of $315.0 million increase, maximum borrowing amount increased from $1.5 billion to $1.815 billion with M&T Bank, Sumitomo Mitsui Banking Corporation and Banco Bilbao Vizcaya Argentaria, S.A. at unchanged maturing unchanged.
  - Instrument: revolving credit
  - Principal: $315.0 million increase, maximum borrowing amount increased from $1.5 billion to $1.815 billion
  - Counterparty: M&T Bank, Sumitomo Mitsui Banking Corporation and Banco Bilbao Vizcaya Argentaria, S.A.
  - Rate: unchanged
  - Maturity: unchanged
  - Event: amendment
  source text: On September 28, 2023, the Company exercised a portion of the Accordion with M&T Bank, Sumitomo Mitsui Banking Corporation and Banco Bilbao Vizcaya Argentaria, S.A., as new lenders and documentation agents under the Credit Agreement ("New Lenders"). Each of the New Lenders entered into a lender joinder agreement with the Company to provide an aggregate of $315.0 million in additional revolving credit commitments, which increased the current maximum borrowing amount under the Credit Agreement from $1.5 billion to $1.815 billion. All other terms of the Credit Agreement remain unchanged.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1037540/000165642323000042/0001656423-23-000042-index.htm

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