Flash FinanceUS
After hours S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · BXP (BXP)

BXP amends credit agreement, removing 10 basis point SOFR adjustment on $700.0 million loans

Neutral Impact 2 of 5 financing Written later

BXP's operating partnership signed a First Amendment to its Tenth Amended and Restated Credit Agreement with Bank of America, N.A. as administrative agent. The amendment removes a 10 basis point SOFR conversion adjustment that applied to Closing Date Term Loans, on which the company had $700.0 million of principal outstanding. The filing states that other material terms of the credit agreement are unchanged, so the change is administrative in nature for shareholders.

Key points

  • Amendment dated April 22, 2025, to the Tenth Amended and Restated Credit Agreement dated March 28, 2025
  • Removes a 10 basis point SOFR conversion adjustment on Closing Date Term Loans
  • Company had $700.0 million in principal outstanding on those loans as of the amendment date
  • All other material terms of the credit agreement remain unchanged

The filing

CompanyBXP (BXP)
Form8-K, current report
Filed with the SECApr 22, 2025, 5:39 PM ET
Accession number0001656423-25-000025

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 22, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.