Federal Realty Investment Trust (NYSE:FRT) Files An 8-K Other Events
Item 8.01. Other Events
On June20, 2017, Federal Realty Investment Trust (the Registrant)
entered into an underwriting agreement with Citigroup Global
Markets Inc., Deutsche Bank Securities Inc., J.P. Morgan
Securities LLC and Wells Fargo Securities, LLC, as
representatives of the several underwriters named in Schedule I
to the related pricing agreement, whereby the Registrant agreed
to issue and sell (i) $300,000,000 aggregate principal amount of
3.25% Notes due 2027 (the2027 Notes) and (ii) $100,000,000
aggregate principal amount of 4.50% Notes due 2044 (the 2044
Notes and, together with the 2027 Notes, collectively the Notes)
in an underwritten public offering. The 2044 Notes are of the
same series as the 4.50% Notes due 2044 that the Registrant first
issued on November14, 2014.The offering of the Notes closed on
June23, 2017.
The Notes are be governed by the Indenture, dated as of
September1, 1998, between the Registrant and U.S. Bank National
Association (successor trustee to Wachovia Bank, National
Association (successor trustee to First Union National Bank)).
The Notes are senior unsecured obligations of the Registrant and
rank equally with all of the Registrants other senior unsecured
indebtedness. The 2027 Notes bear interest at 3.25%per annum, and
interest is payable on January15 and July15 of each year,
beginning on January15, 2018. The 2027 Notes will mature on
July15, 2027. The 2044 Notes bear interest at 4.50% per annum,
and interest is payable on June1 and December1 of each year, with
the next interest payment date being December1, 2017. The 2044
Notes will mature on December1, 2044.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
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| 1.1 |
Underwriting Agreement, dated June20, 2017, by and among the Registrant and Citigroup Global Markets Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC and Wells Fargo Securities, LLC, as representatives of the several underwriters named in Schedule I to the related pricing agreement |
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| 1.2 |
Pricing Agreement, dated June20, 2017, by and among the Registrant and Citigroup Global Markets Inc., Deutsche Bank Securities Inc., J.P. Morgan Securities LLC and Wells Fargo Securities, LLC, as representatives of the underwriters named therein |
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| 4.1 | Form of 3.25% Note due 2027 | |
| 4.2 | Form of 4.50% Note due 2044 | |
| 5.1 |
Opinion of Pillsbury Winthrop Shaw Pittman LLP relating to legality of the securities being issued by the Registrant |
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| 8.1 |
Opinion of Pillsbury Winthrop Shaw Pittman LLP relating to material tax matters relating to the Registrant |
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| 12.1 |
Statement Regarding Computation of Ratio of Earnings to Fixed Charges |
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| 23.1 |
Consents of Pillsbury Winthrop Shaw Pittman LLP (contained in the opinions filed as Exhibits 5.1 and 8.1 hereto) |
FEDERAL REALTY INVESTMENT TRUST ExhibitEX-1.1 2 d366317dex11.htm EX-1.1 EX-1.1 Exhibit 1.1 Execution Version FEDERAL REALTY INVESTMENT TRUST Debt Securities Underwriting Agreement June 20,…To view the full exhibit click here About Federal Realty Investment Trust (NYSE:FRT)
Federal Realty Investment Trust is an equity real estate investment trust (REIT) engaged in the ownership, management, and redevelopment of retail and mixed-use properties. The Trust owns or holds interests in community and neighborhood shopping centers and mixed-use properties, which are operated as approximately 90 retail real estate projects consisting approximately 21.4 million square feet, located primarily in the Northeast and Mid-Atlantic regions of the United States, as well as in California. The Company owns approximately six retail real estate properties through a joint venture. The Trust’s properties are located in the Northeast and Mid-Atlantic regions of the United States, as well as in California and South Florida. The Trust offers various options in specialty leasing and partnership marketing, which include carts and kiosks; temporary in-line store locations; holiday advertising and marketing, and environmental partnerships. Federal Realty Investment Trust (NYSE:FRT) Recent Trading Information
Federal Realty Investment Trust (NYSE:FRT) closed its last trading session up +2.67 at 127.72 with 605,504 shares trading hands.