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8-KThe WireStrategic

New Debt / Obligation

Filed Jun 5, 2017 · 9y ago · Accession 0000947871-17-000434

Plain English

Material event — a significant development the company must disclose promptly.

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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): June 1, 2017             ALEXANDER’S, INC. (Exact Name of Registrant as Specified in Charter)   Delaware   No. 001-06064   No. 51-0100517 (State or Other   (Commission   (IRS Employer Jurisdiction of   File Number)   Identification No.) Incorporation)                           210 Route 4 East Paramus, New Jersey   07652 (Address of Principal Executive offices)   (Zip Code)     Registrant’s telephone number, including area code: (201) 587-8541 Former name or former address, if changed since last report: N/A   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 (see General Instructions A.2.): ☐ 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))   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 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.   On June 1, 2017, Alexander’s, Inc. (the “Company”) completed a $500 million refinancing of the office portion of 731 Lexington Avenue.  The interest-only loan is at LIBOR plus 0.90%, currently 1.95%, and matures in June 2024, as extended.  The Company realized net proceeds of approximately $188 million after repaying the existing $300 million mortgage and closing costs.  The existing mortgage bore interest at LIBOR plus 0.95% and was due March 2021.   On June 1, 2017, the Company issued a press release describing the transaction.  A copy of that press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein into this Item 2.03.   Item 9.01. Financial Statements and Exhibits.   (d) Exhibits.     99.1 Press Release, dated June 1, 2017.                                       2       SIGNATURE   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.   ALEXANDER’S, INC.     (Registrant)                By: /s/ Matthew Iocco        Name: Matthew Iocco        Title: Chief Financial Officer               Date: June 5, 2017                                   3
Filing details
Ticker
ALX
CIK
3499
Form type
8-K
Filing date
Jun 5, 2017
Report date
Jun 1, 2017
Document
ss45623_8k.htm
Size
40 KB