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 reports unregistered sale of 3.5% exchangeable notes due 2031
Filed with the SEC on · Summarized by InvestorsBot
Federal Realty OP LP sold 3.500% Exchangeable Senior Notes due 2031 to initial purchasers under a Section 4(a)(2) exemption, which subsequently resold them to qualified institutional buyers under Rule 144A. Based on the initial exchange rate of 8.481 common shares per $1,000 principal amount, up to 3,901,260 Federal Realty shares may be issued upon exchange, subject to adjustments; the filing does not provide the final principal amount, pricing, or capped-call terms.