Other Information
−Removed: On April 28, 2022, the Operating Partnership amended and restated its Unsecured Credit Facility and $300 Million Term Loan.
−Removed: The amendments provide for (i) revolving loan commitments of $1.25 billion (the “Revolving Facility”) scheduled to mature on June 30, 2026 (extending the applicable scheduled maturity date from February 28, 2023);
−Removed: and (ii) a continuation of the existing $300 Million Term Loan scheduled to mature on July 26, 2027 (extending the applicable scheduled maturity date from July 26, 2024) and a new $200.0 million delayed draw term loan, maturing on July 26, 2027 (together, the “Term Loan Facility”).
−Removed: The Revolving Facility includes two six-month maturity extension options, the exercise of which is subject to customary conditions and the payment of a fee on the extended commitments.
−Removed: In addition, the floating reference rate under the Revolving Facility and Term Loan Facility has been amended from LIBOR to SOFR.
−Removed: As of the date the financial statements were issued, the Operating Partnership has not drawn any amounts under its delayed draw term loan.
−Removed: As a result of the amendment, the total capacity under the Operating Partnership’s unsecured credit facilities increased from $1.55 billion to $1.75 billion.
The following documents are filed as exhibits to this report:
2 unchanged sentences
Filing Exhibit
−Removed: Third Amended and Restated Revolving Credit Agreement, dated as of April 28, 2022, by and among Brixmor Operating Partnership LP, as borrower, and JPMorgan Chase Bank, N.A., as administrative agent, and the lenders party thereto — — — — x
−Removed: Amended and Restated Term Loan Agreement, dated as of April 28, 2022, by and among Brixmor Operating Partnership LP, as borrower, and Wells Fargo Bank, National Association, as administrative agent, and the lenders party thereto — — — — x
+Added: Third Amended and Restated Revolving Credit Agreement, dated as of April 28, 2022, by and among Brixmor Operating Partnership LP, as borrower, and JPMorgan Chase Bank, N.A., as administrative agent, and the lenders party thereto 10-Q 001-36160 5/2/2022 10.1
+Added: Amended and Restated Term Loan Agreement, dated as of April 28, 2022, by and among Brixmor Operating Partnership LP, as borrower, and Wells Fargo Bank, National Association, as administrative agent, and the lenders party thereto 10-Q 001-36160 5/2/2022 10.2
Brixmor Property Group Inc.
26 unchanged sentences
BRIXMOR PROPERTY GROUP INC.
−Removed: May 2, 2022 By:
+Added: August 1, 2022 By:
Chief Executive Officer and President
(Principal Executive Officer)
−Removed: May 2, 2022 By:
+Added: August 1, 2022 By:
/s/ Angela Aman
1 unchanged sentence
(Principal Financial Officer)
−Removed: May 2, 2022 By:
+Added: August 1, 2022 By:
/s/ Steven Gallagher
5 unchanged sentences
BPG Subsidiary LLC, its sole member
−Removed: May 2, 2022 By:
+Added: August 1, 2022 By:
Chief Executive Officer and President
(Principal Executive Officer)
−Removed: May 2, 2022 By:
+Added: August 1, 2022 By:
/s/ Angela Aman
1 unchanged sentence
(Principal Financial Officer)
−Removed: May 2, 2022 By:
+Added: August 1, 2022 By:
/s/ Steven Gallagher
3 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.