EQUITY LIFESTYLE PROPERTIES INC (ELS): Form 8-K filed 2026-11-13
- Accepted by EDGAR
- 2026-11-13 16:20 ET
- Event date
- 2026-11-10
- Accession no.
- 0001628280-26-073856
- Original filing
- SEC EDGAR filing index
AI summary of the filing text. It can contain mistakes; the original filing is authoritative.
Equity LifeStyle Properties adds $215.0 million term loan and $200.0 million delayed draw facility
Equity LifeStyle Properties amended its term loan agreement on November 10, 2026, adding two senior unsecured facilities. It used the $215.0 million term loan proceeds to repay its line of credit and intends to draw the full $200.0 million delayed draw facility on or about January 21, 2027 to repay an existing term loan at maturity.
- The November 10, 2026 amendment adds a $215.0 million term loan facility and a $200.0 million delayed draw facility.
- The term loan matures on March 31, 2032; the delayed draw facility matures on November 10, 2031.
- Interest rate swaps fix the rate on $200.0 million of the term loan facility at 5.475% per annum.
- The new tranches may be increased by up to an additional $200.0 million at the company's request, subject to conditions.
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Items reported
- Item 2.03: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
The company became obligated under a material direct financial obligation, such as a loan, notes offering or credit facility draw, or under a material off-balance sheet arrangement.
Documents
| Type | Description | Document |
|---|---|---|
| 8-K | 8-K | els-20261110.htm |
The summary above was generated by AI from the filing text and checked automatically against it. Read the original documents on SEC EDGAR. How to read an 8-K.