Company: FRT-PC
Filing Date: 2025-02-14
Form Type: 424B5
Source: 0001193125-25-026560
Chunk: 54

Company: FEDERAL REALTY INVESTMENT TRUST
Filing Date: 2025-02-14
Form: 424B5
Chunk 54
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| • |     | will be our general, direct and unsecured obligations; and |

| • |     | may be either senior debt securities or subordinated debt securities. |

Senior debt securities will rank equally with all of our other unsecured and unsubordinated obligations. Subordinated debt securities will be subordinate and junior in right of payment to all of our present and future senior debt in the manner we describe in a prospectus supplement. We may incur additional debt, subject to limitations in the agreements governing our credit and other debt facilities and other notes we may have issued. Unless we say otherwise in a prospectus supplement:

| • |     | debt securities we offer through this prospectus will not limit the amount of other debt that we may incur; |

| • |     | you will not have any protection if we engage in a highly leveraged transaction, a restructuring, a transaction                 
 involving a change in control, or a merger or similar transaction that may adversely affect holders of the debt securities; and |

| • |     | we will not list the debt securities on any securities exchange. |

The Indentures Any debt securities we offer through this prospectus will be issued under one or more indentures, including the senior indenture between us and U.S. Bank Trust Company, National Association, successor to Wachovia Bank National Association, formerly First Union National Bank, as trustee. We have filed with the SEC the senior indenture that is an exhibit to the registration statement that includes this prospectus. The senior indenture describes the general terms of senior debt securities we may issue. The general terms of any subordinated debt securities that we may issue will be included in a subordinated indenture, which will also include additional terms describing the subordination provisions of these securities. The senior indenture is subject to the Trust Indenture Act of 1939, as amended. Unless we say otherwise in a prospectus supplement, each indenture does not or will not include all the terms of debt securities we may issue through this prospectus. If we issue debt securities through this prospectus, the Board of Trustees of the Company, or any committee thereof, will establish the additional terms for each class or series of debt securities. The additional terms will be either established pursuant to, and set forth in, a supplemental indenture, or established pursuant to a resolution of the Board of Trustees of the Company, or any committee thereof, and set forth in an officer’s certificate. Each indenture describes or will describe the additional terms that may be