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 OP issues $460 million of 3.5% exchangeable notes due 2031
Filed with the SEC on · Summarized by InvestorsBot
On August 11, 2026, Federal Realty OP LP issued $460 million of senior unsecured exchangeable notes carrying 3.5% interest and maturing August 15, 2031; interest payments begin February 15, 2027. The notes are exchangeable initially at $138.54 per Federal Realty share, while capped call transactions with a cap price of about $165.07 are intended to reduce potential dilution; proceeds will fund the capped calls, repay debt and support general corporate purposes.