Kilroy Realty Enters Material Definitive Agreement
| Field | Detail |
|---|---|
| Company | Kilroy Realty, L.P. |
| Form Type | 8-K |
| Filed Date | Aug 8, 2025 |
| Risk Level | medium |
| Pages | 7 |
| Reading Time | 9 min |
| Key Dollar Amounts | $400,000,000, $0.01, $500,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, financial-obligation, real-estate
Related Tickers: KRC
TL;DR
KRC filed an 8-K for a new material definitive agreement and financial obligation.
AI Summary
On August 5, 2025, Kilroy Realty, L.P. entered into a material definitive agreement related to a financial obligation. The specific details of the agreement and the financial obligation are not fully disclosed in this filing, but it is categorized under "Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant."
Why It Matters
This filing indicates a new financial commitment or obligation for Kilroy Realty, L.P., which could impact its financial structure and future operations.
Risk Assessment
Risk Level: medium — The filing indicates a new financial obligation, which inherently carries some level of risk depending on the terms and scale of the agreement.
Key Players & Entities
- Kilroy Realty, L.P. (company) — Filer of the 8-K
- Kilroy Realty Corp (company) — Related entity
- 0001193125-25-177073 (document_id) — Accession Number for the filing
FAQ
What is the nature of the material definitive agreement entered into by Kilroy Realty, L.P. on August 5, 2025?
The filing states that Kilroy Realty, L.P. entered into a material definitive agreement, but the specific details of the agreement are not provided in this summary.
What type of financial obligation is Kilroy Realty, L.P. creating?
The filing categorizes the event as the 'Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant'.
When was this 8-K filing submitted?
The filing was submitted on August 8, 2025.
What is the primary business of Kilroy Realty Corp and Kilroy Realty, L.P.?
Both entities are listed under the Standard Industrial Classification of 'REAL ESTATE INVESTMENT TRUSTS [6798]'.
What is the business address for Kilroy Realty Corp?
The business address is 12200 W. Olympic Blvd., Suite 200, Los Angeles, CA 90064.
Filing Stats: 2,198 words · 9 min read · ~7 pages · Grade level 10.6 · Accepted 2025-08-08 17:00:31
Key Financial Figures
- $400,000,000 — eted an underwritten public offering of $400,000,000 aggregate principal amount of its 5.875
- $0.01 — f the Company's common stock, par value $0.01 per share ("Common Stock") having an ag
- $500,000,000 — an aggregate gross sales price of up to $500,000,000 (the "ATM Program"). No shares of the C
Filing Documents
- d64364d8k.htm (8-K) — 60KB
- d64364dex11.htm (EX-1.1) — 194KB
- d64364dex12.htm (EX-1.2) — 54KB
- d64364dex43.htm (EX-4.3) — 126KB
- d64364dex51.htm (EX-5.1) — 20KB
- d64364dex52.htm (EX-5.2) — 35KB
- d64364dex53.htm (EX-5.3) — 28KB
- g64364g0808134515828.jpg (GRAPHIC) — 2KB
- g64364g0808160635981.jpg (GRAPHIC) — 3KB
- g64364g0808160658140.jpg (GRAPHIC) — 2KB
- g64364g0808182148845.jpg (GRAPHIC) — 3KB
- 0001193125-25-177073.txt ( ) — 775KB
- krc-20250805.xsd (EX-101.SCH) — 48KB
- d64364d8k_htm.xml (XML) — 5KB
FINANCIAL STATEMENTS AND EXHIBITS
FINANCIAL STATEMENTS AND EXHIBITS (d) Exhibits. 1.1* Underwriting Agreement, dated August 5, 2025, by and among Kilroy Realty, L.P., Kilroy Realty Corporation and Wells Fargo Securities, LLC and J.P. Morgan Securities LLC, as representatives of the several underwriters named on Schedule A thereto. 1.2* Amendment No. 1 to Sales Agreement, dated August 8, 2025, among the Company, the Operating Partnership, the Sales Agents, the Forward Sellers and the Forward Purchasers. 4.1 (1) Indenture, dated March 1, 2011, by and among Kilroy Realty, L.P., as issuer, Kilroy Realty Corporation, as guarantor, and U.S. Bank National Association, as trustee. 4.2 (2) Supplemental Indenture, dated July 5, 2011, by and among Kilroy Realty, L.P., as issuer, Kilroy Realty Corporation, as guarantor, and U.S. Bank National Association, as trustee. 4.3* Officers' Certificate, dated August 8, 2025, pursuant to Sections 102, 201, 301 and 303 of the Indenture dated March 1, 2011, as amended and supplemented, among Kilroy Realty, L.P., as issuer, Kilroy Realty Corporation, as guarantor, and U.S. Bank National Association, as trustee, establishing a series of securities entitled "5.875% Senior Notes due 2035," including the form of 5.875% Senior Note due 2035 and the form of related guarantee. 5.1* Opinion of Latham & Watkins LLP. 5.2* Opinion of Ballard Spahr LLP. 5.3* Opinion of Ballard Spahr LLP. 23.1* Consent of Latham & Watkins LLP (included in Exhibit 5.1). 23.2* Consent of Ballard Spahr LLP (included in Exhibit 5.2). 23.3* Consent of Ballard Spahr LLP (included in Exhibit 5.3). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document ). * Filed herewith (1) Previously filed by Kilroy Realty Corporation and Kilroy Realty, L.P. as exhibit 4.1 to the Registration Statement on Form S-3 filed with the Securities and Exchange Commission on October 2, 2013. (2) Previously filed by Kilroy Realty Corporation and Kilroy Re
SIGNATURES
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. Kilroy Realty Corporation Date: August 8, 2025 By: /s/ Merryl E. Werber Merryl E. Werber Senior Vice President, Chief Accounting Officer and Controller 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. Kilroy Realty, L.P. Date: August 8, 2025 By: Kilroy Realty Corporation, Its general partner By: /s/ Merryl E. Werber Merryl E. Werber Senior Vice President, Chief Accounting Officer