Vivmark Residential 8-K 2025-05-01

Filed 2025-05-02. 1 sections, 7K characters. Original on sec.gov · Markdown · JSON

Form 8-K

UNITED STATES 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

Date of Report (Date of earliest event reported): May 1, 2025

EQUITY RESIDENTIAL

(Exact name of Registrant as Specified in Its Charter)

Maryland1-1225213-3675988
(State or Other Jurisdiction of Incorporation)(Commission File Number)(IRS Employer Identification No.)
ERP OPERATING LIMITED PARTNERSHIP (Exact name of Registrant as Specified in Its Charter)
Illinois0-2492036-3894853
(State or Other Jurisdiction of Incorporation)(Commission File Number)(IRS Employer Identification No.)
Two North Riverside Plaza
Chicago**,** Illinois60606
(Address of Principal Executive Offices)(Zip Code)
Registrant’s Telephone Number, Including Area Code: (312**)** 474-1300
Not applicable

(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:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Shares of Beneficial Interest, $0.01 Par Value (Equity Residential)EQRThe New York Stock Exchange
7.57% Notes due August 15, 2026 (ERP Operating Limited Partnership)N/AThe New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01 Other Events.

On May 1, 2025, Equity Residential’s operating partnership, ERP Operating Limited Partnership, an Illinois limited partnership (the "Company"), agreed to issue $500,000,000 aggregate principal amount of 4.950% Notes due June 15, 2032 (the "Notes") in a public offering. The Company agreed to sell the Notes pursuant to a Terms Agreement, dated as of May 1, 2025, among the Company and each of Citigroup Global Markets Inc., J.P. Morgan Securities LLC, RBC Capital Markets, LLC and Wells Fargo Securities, LLC, as representatives of the underwriters named therein. The Notes will be issued pursuant to an Indenture, dated as of October 1, 1994, between the Company and The Bank of New York Mellon Trust Company, N.A. (formerly known as The Bank of New York Trust Company, N.A.) (as successor to J.P. Morgan Trust Company, National Association, as successor to Bank One Trust Company, N.A., successor to The First National Bank of Chicago) (the "Trustee"), as supplemented by the First Supplemental Indenture, dated as of September 9, 2004, by and between the Company and the Trustee, as further supplemented by the Second Supplemental Indenture, dated as of August 23, 2006, by and between the Company and the Trustee, as further supplemented by the Third Supplemental Indenture, dated as of June 4, 2007, by and between the Company and the Trustee, as further supplemented by the Fourth Supplemental Indenture, dated as of December 12, 2011, by and between the Company and the Trustee, and as further supplemented by the Fifth Supplemental Indenture, dated as of February 1, 2016, by and between the Company and the Trustee.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.Description
1.1Terms Agreement dated May 1, 2025, among ERP Operating Limited Partnership and each of Citigroup Global Markets Inc., J.P. Morgan Securities LLC, RBC Capital Markets, LLC and Wells Fargo Securities, LLC.
1.2Standard Underwriting Provisions dated May 1, 2025.
4.1Form of 4.950% Note due June 15, 2032.
5.1Opinion of DLA Piper LLP (US).
23.1Consent of DLA Piper LLP (US) (included in Exhibit 5.1).
104Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, each registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

EQUITY RESIDENTIAL
Date: May 2, 2025By: /s/ Robert A. Garechana
Name: Robert A. Garechana
Its: Executive Vice President and Chief Financial Officer
Date: May 2, 2025By: /s/ Scott J. Fenster
Name: Scott J. Fenster
Its: Executive Vice President, General Counsel and Corporate Secretary
ERP OPERATING LIMITED PARTNERSHIP
By: EQUITY RESIDENTIAL, its general partner
Date: May 2, 2025By: /s/ Robert A. Garechana
Name: Robert A. Garechana
Its: Executive Vice President and Chief Financial Officer
Date: May 2, 2025By: /s/ Scott J. Fenster
Name: Scott J. Fenster
Its: Executive Vice President, General Counsel and Corporate Secretary