Company: FRT-PC
Filing Date: 2025-03-21
Form Type: 8-K
Source: 0001193125-25-060219
Chunk: 1

Company: FEDERAL REALTY INVESTMENT TRUST
Filing Date: 2025-03-21
Form: 8-K
Item: Item 1.01
Chunk 1
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 is 85 basis points.

The New Agreement contains customary restrictions on the Borrowers’ businesses, financial maintenance covenants, and events of default, including a cross default to the Borrowers’ other material indebtedness, all of which are similar to the terms of the Prior Agreement.

The foregoing does not constitute a complete summary of the terms and conditions of the New Agreement, which is attached hereto as Exhibit 10.1. The description contained herein of the terms of the New Agreement is qualified in its entirety by reference to the New Agreement.

Affiliates of certain lenders under the New Agreement have served, and may serve in the future, as underwriters in connection with public offerings of equity and debt securities by Federal Realty Investment Trust (the “ Parent Company”) and/or the Partnership, including serving as agent and/or principal pursuant to an equity distribution agreement in connection with the Parent Company’s “at the market” equity offering program. In addition, affiliates of certain lenders under the New Agreement have provided from time to time, and may provide in the future, investment and commercial banking and financial advisory services to the Parent Company, the Partnership or their affiliates in the ordinary course of business for which they have received and may continue to receive customary fees and commissions.

  Item 1.02.      Termination of a Material Definitive Agreement.  

The disclosure required by this Item 1.02 is included in Item 1.01 and incorporated herein by reference.

  Item 2.03.      Creation of a Direct Financial Obligation or an Obligation under  

The disclosure required by this Item 2.03 is included in Item 1.01 and incorporated herein by reference.

  Item 9.01.      Financial Statements and Exhibits.  

(d) Exhibits

  10.1      Amended and Restated Term Loan Agreement, dated as of March 20, 2025, by and among the Partnership, FRIT San Jose, the financial institutions party thereto, as Lenders, PNC Bank, National Assoc...  
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   104      Cover Page Interactive Data File (the Cover Page Interactive Data File is embedded within the Inline XBRL document)