SITE Centers Corp. filed SEC Form 8-K: Termination of a Material Definitive Agreement, Other Events
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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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).
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Item 1.02 Termination of a Material Definitive Agreement.
On August 15, 2024, SITE Centers Corp. (the “Company”) repaid in full all outstanding amounts under the Fourth Amended and Restated Credit Agreement, dated as of June 6, 2022 (the “Revolving Credit Agreement”), among the Company, JPMorgan Chase Bank, N.A., as administrative agent, and the lenders from time to time party thereto. Simultaneously with such repayment, the Company permanently terminated the lenders’ commitments under the Revolving Credit Agreement in accordance with the terms thereof. At the time of termination of the lenders’ commitments, there were no revolving loans outstanding under the Revolving Credit Agreement.
The terms of the Revolving Credit Agreement are summarized in the Company’s Current Report on Form 8-K (File No. 001-11690) filed with the Securities and Exchange Commission on June 6, 2022, which are incorporated herein by reference.
Item 8.01 Other Events.
On August 15, 2024, the Company repaid in full all outstanding amounts under the Third Amended and Restated Term Loan Agreement, dated as of June 6, 2022 (the “Term Loan Agreement”), among the Company, Wells Fargo National Bank, as administrative agent, and the lenders from time to time party thereto. At the time of the repayment, the principal amount outstanding under the Term Loan Agreement was approximately $200.0 million.
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: |
August 19, 2024 |
By: |
/s/ Aaron M. Kitlowski |
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Executive Vice President, General Counsel and Secretary |