Curbline Properties Corp. Enters Material Definitive Agreement

TL;DR

Curbline Properties Corp. just signed a big deal creating a financial obligation. Details TBD.

AI Summary

On November 12, 2025, Curbline Properties Corp. entered into a material definitive agreement, creating a direct financial obligation. The company, incorporated in Maryland with its principal executive offices at 320 Park Avenue, New York, NY, filed an 8-K report detailing this obligation. The filing does not specify the nature or amount of the financial obligation.

Why It Matters

This filing indicates Curbline Properties Corp. has entered into a significant agreement that creates a financial obligation, which could impact its financial health and future operations.

Risk Assessment

Risk Level: medium — The creation of a direct financial obligation without immediate disclosure of its terms introduces uncertainty regarding the company's financial commitments and potential risks.

Key Players & Entities

• Curbline Properties Corp. (company) — Registrant
• November 12, 2025 (date) — Date of earliest event reported
• Maryland (jurisdiction) — State of Incorporation
• 320 Park Avenue, New York, NY 10022 (address) — Principal Executive Offices
• 001-42265 (identifier) — Commission File Number
• 93-4224532 (identifier) — IRS Employer Identification No.

FAQ

Key Financial Figures

• $0.01 — nge on which registered Common Stock, $0.01 par value per share CURB New York S
• $200 million — connection with a private placement of $200 million of the Operating Partnership's senior u
• $50 million — notes (the "Notes"), consisting of (i) $50 million aggregate principal amount of 4.90% sen
• $150 million — 20, 2031 (the "2025-C Notes") and (ii) $150 million aggregate principal amount of 5.13% sen
• $28.0 million — erage ratio. The sale and purchase of $28.0 million of the 2025-C Notes is scheduled to occ
• $22.0 million — r 31, 2025 and the sale and purchase of $22.0 million of the 2025-C Notes and all of the 2026

Filing Documents

• curb-20251112.htm (8-K) — 48KB
• curb-ex10_1.htm (EX-10.1) — 898KB
• 0001193125-25-277628.txt ( ) — 1166KB
• curb-20251112.xsd (EX-101.SCH) — 24KB
• curb-20251112_htm.xml (XML) — 5KB

01 Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement. On November 12, 2025, Curbline Properties Corp. (the "Company") and its subsidiary, Curbline Properties LP (the "Operating Partnership"), entered into a Note and Guaranty Agreement (the "Note Agreement") in connection with a private placement of $200 million of the Operating Partnership's senior unsecured notes (the "Notes"), consisting of (i) $50 million aggregate principal amount of 4.90% senior unsecured notes due January 20, 2031 (the "2025-C Notes") and (ii) $150 million aggregate principal amount of 5.13% senior unsecured notes due January 20, 2033 (the "2026-A Notes"), to a group of institutional investors. The Operating Partnership also entered into two treasury lock agreements resulting in a 5.06% effective interest rate on the 2025-C Notes and a 5.31% effective interest rate on the 2026-A Notes. The Notes bear interest on the outstanding principal balance at the stated rates per annum from the date of issuance, payable semi-annually in arrears on January 20 and July 20 of each year, until such principal becomes due and payable. The entire unpaid principal balance of each Note shall be due and payable on the maturity date thereof. The Notes are senior unsecured obligations of the Operating Partnership and rank equal in right of payment with all other senior unsecured indebtedness of the Operating Partnership. The Notes are unconditionally guaranteed by the Company. The Operating Partnership will be permitted to prepay the outstanding Notes in whole or in part, in an amount not less than 5% of the aggregate principal amount of the Notes then outstanding, at any time at (i) 100% of the principal amount so prepaid, plus (ii) the Make-Whole Amount, which is equal to the excess, if any, of the discounted value of the remaining scheduled principal and interest payments with respect to the Notes being prepaid over the principal amount of such Notes. If a change in control occurs for the Company, the Opera

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibit Exhibit Description 10.1 Note and Guaranty Agreement, dated November 12, 2025, by and among Curbline Properties Corp., Curbline Properties LP and the purchasers named therein 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

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. CURBLINE PROPERTIES CORP. Date: November 12, 2025 By: /s/ Lesley H. Solomon Name: Lesley H. Solomon Title: Executive Vice President, General Counsel and Secretary

View Full Filing

View this 8-K filing on SEC EDGAR