Curbline Properties Corp. filed SEC Form 8-K: Creation of a Direct Financial Obligation
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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CURRENT REPORT
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
On March 28, 2025, Curbline Properties LP (the “Borrower”), a wholly owned subsidiary of Curbline Properties Corp. (“the Company”), funded an aggregate of $100 million in indebtedness pursuant to the previously disclosed delayed-draw term loan facility provided under the Company’s previously disclosed Credit Agreement, dated as of October 1, 2024, among the Borrower, the Company, the lenders named therein and Wells Fargo Bank, National Association, as administrative agent. The Borrower intends to use the proceeds from the delayed-draw term loan for general corporate purposes.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Date: |
March 31, 2025 |
By: |
/s/ Lesley H. Solomon |
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Name: Lesley H. Solomon |