Form_8-K_JV Transaction_July_2015
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): July 6, 2015 (June 29, 2015)
RAMCO-GERSHENSON PROPERTIES TRUST
(Exact name of registrant as specified in its Charter)
|
| | | | |
Maryland | | 1-10093 | | 13-6908486 |
(State or other jurisdiction of incorporation) | | (Commission File Number) | | (IRS Employer Identification No.) |
|
| |
31500 Northwestern Highway, Suite 300, Farmington Hills, Michigan | 48334 |
(Address of principal executive offices) | (Zip Code) |
Registrant's telephone number, including area code (248) 350-9900
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))
Item 1.01 Entry into a Material Definitive Agreement.
On July 6, 2015, Ramco-Gershenson Properties Trust (the “Registrant”), issued a press release announcing the entry into agreements on June 29, 2015 to acquire its partner's ownership interests in seven shopping centers totaling $185.9 million, including the assumption of its partner's pro rata share of debt of $48.1 million. The $48.1 million in debt has interest rates ranging from 2.9% to 5.8% and is due at various maturity dates from January 2017 through January 2023.
The transactions have been approved by the Registrant's Board of Directors and are expected to close in the third quarter of 2015.
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of Registrant
The information set forth in Item 1.01 is incorporated herein by reference.
|
| |
Item 9.01 | Financial Statements and Exhibits |
99.1 Press release of Ramco-Gershenson Properties Trust dated July 6, 2015.
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.
|
| | |
| | RAMCO-GERSHENSON PROPERTIES TRUST |
| | |
| | |
Date: | July 6, 2015 | by:/s/GREGORY R. ANDREWS |
| | Gregory R. Andrews |
| | Chief Financial Officer and Secretary |
EXHIBIT INDEX
Exhibit No. Description
| |
99.1 | Press release of Ramco-Gershenson Properties Trust dated July 6, 2015. |