8-KItem 1.01 · Material AgreementItem 2.03 · Financial ObligationItem 3.02 · Unregistered Equity SalesItem 8.01 · Other EventsItem 9.01 · Financial Statements
Federal Realty discloses capped call terms tied to proposed 2031 notes
Filed with the SEC on · Summarized by InvestorsBot
Federal Realty OP LP and Federal Realty Investment Trust disclosed a proposed capped call transaction with an unnamed dealer in connection with up to $400 million of 3.500% exchangeable senior notes due 2031, plus up to $60 million of additional notes if an option is exercised. The options reference Federal Realty shares, expire August 15, 2031, and include a May 15, 2031 exchangeability deadline, but the exhibit is an uncompleted bid version and does not provide the dealer, trade date, strike price, cap price, premium or final option size.