UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 23, 2010
EQUITY ONE, INC.
(Exact name of registrant as specified in its charter)
Maryland
(State or other jurisdiction of incorporation)
001-13499 | 52-1794271 | |
(Commission File Number) | (IRS Employer Identification No.) |
1600 NE Miami Gardens Drive | ||
North Miami Beach, Florida | 33179 | |
(Address of principal executive offices) |
(Zip Code) |
(305) 947-1664
(Registrants telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy
the filing obligation of the registrant under any of the following provisions:
o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 2.03 | Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. |
On September 23, 2010, Equity One, Inc., a Maryland corporation (the Company),
pursuant to the accordion feature of that certain Second Amended and Restated Credit Agreement,
dated as of October 17, 2008, among the Company and each of the financial institutions signatory
thereto (the Credit Agreement), increased the total commitment thereunder from $272
million to $400 million and added four financial institutions as lenders thereunder. The Credit
Agreement, as increased, provides for a $400 million unsecured revolving credit facility with a
syndicate of banks for which Wells Fargo Bank, National Association is the Administrative Agent and
Sole Lead Arranger.
The foregoing description of the Credit Agreement is only a summary and is qualified in its
entirety by reference to the full text of the Credit Agreement, which is filed as Exhibit 10.1 to
this Current Report on Form 8-K.
Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits.
10.1 | Second Amended and Restated Credit Agreement, dated as of October 17,
2008, among Equity One, each of the financial institutions initially
a signatory thereto, SunTrust Bank as Syndication Agent, PNC Bank,
National Association and Bank of America, NA as Co-Documentation
Agents, Raymond James Bank, JPMorgan Chase Bank, NA, Branch Banking &
Trust Company, Israel Discount Bank of New York, and Wells Fargo
Bank, National Association as Administrative Agent and Sole Lead
Arranger (previously filed as exhibit 10.1 to the Companys Current
Report on Form 8-K filed on October 23, 2008, and incorporated by
reference herein). |
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.
EQUITY ONE, INC. |
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Date: September 27, 2010 | By: | /s/ Mark Langer | ||
Mark Langer | ||||
Executive Vice President and Chief Financial Officer |
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INDEX TO EXHIBITS
Exhibit Number | Description of Exhibit | |||
10.1 | Second Amended and Restated Credit Agreement, dated as of
October 17, 2008, among Equity One, each of the financial
institutions initially a signatory thereto, SunTrust Bank
as Syndication Agent, PNC Bank, National Association and
Bank of America, NA as Co-Documentation Agents, Raymond
James Bank, JPMorgan Chase Bank, NA, Branch Banking & Trust
Company, Israel Discount Bank of New York, and Wells Fargo
Bank, National Association as Administrative Agent and Sole
Lead Arranger (previously filed as exhibit 10.1 to the
Companys Current Report on Form 8-K filed on October 23,
2008, and incorporated by reference herein). |