TIAA REAL ESTATE ACCOUNT Form 8-K — Oct 2, 2026
TIAA, on behalf of the TIAA Real Estate Account, entered into a note purchase agreement on September 28, 2026, issuing $150,000,000 of 5.84% series F senior notes due September 28, 2031 to qualified institutional purchasers. The Notes are unsecured, sold under a Securities Act registration exemption, with interest payable semi-annually in March and September. Proceeds are earmarked for general corporate purposes. The agreement includes change-of-control put provisions at par, optional redemption rights, and financial covenants covering leverage, fixed charges, unencumbered leverage, interest coverage, and secured debt ratios.
Key figures
- Debt Amount
- 150000000
- Interest Rate
- 5.84
- Maturity Date
- September 28, 2031
- Interest payment dates
- March and September, semi-annual
- Partial redemption minimum
- 5% of aggregate principal amount
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