What changed
Federal Realty OP LP and Federal Realty Investment Trust entered into a call option transaction with a dealer, confirmed on the trade date. The transaction relates to the issuance of Exchangeable Senior Notes due 2031 in an aggregate initial principal amount of USD 400,000,000, with an option for initial purchasers to buy up to an additional USD 60,000,000. The notes are governed by an indenture dated August 10, 2026, and the confirmation supersedes prior communications.
Why it matters
Federal Realty OP LP and Federal Realty Investment Trust entered into a call option transaction with a dealer, confirmed on the trade date. The transaction relates to the issuance of Exchangeable Senior Notes due 2031 in an aggregate initial principal amount of USD 400,000,000, with an option for initial purchasers to buy up to an additional USD 60,000,000. The notes are governed by an indenture dated August 10, 2026, and the confirmation supersedes prior communications.