On April 19, 2021, WASH Multifamily Acquisition Inc. (“WASH”) issued $850 million aggregate principal amount of 5.750% senior secured notes due 2026 (the “notes”) in a transaction not subject to the registration requirements of the Securities Act of 1933, as amended, and entered into a new senior secured revolving credit facility with certain lenders. WASH will make annual audited financial statements, together with a Management’s Discussion and Analysis of Financial Condition and Results of Operations (“MD&A”), available within 120 days (150 days for fiscal year 2021) after the end of our fiscal year, which ends on December 31. In addition, we will make unaudited quarterly financial statements, together with an MD&A, available within 60 days (75 days for the first four quarters commencing with the quarter ended March 31, 2021) after the end of each of the first three quarters of each fiscal year and certain required current reports available promptly after the occurrence of such reportable event. The financial information will be made available only to lenders, holders of the notes, bona fide prospective investors of the notes, bona fide securities analysts and bona fide market makers; provided that we may deny access to any competitively-sensitive information to any such person that is a competitor or supplier of WASH and its subsidiaries or an affiliate or equity holder thereof, to the extent that we determine in good faith that the provision of such information would be competitively harmful to us. Such person requesting access to our financial information is required to (i) treat all such reports (and the information contained therein) as confidential, (ii) not use such reports and the information contained therein for any purpose other than their investment or potential investment in the notes and (iii) not publicly disclose any such reports (and the information contained therein). The reports will be provided to the administrative agent for WASH’s senior secured revolving credit facility for further distribution to lenders and will be posted on a secure web site, which can be accessed only by holders of the notes, bona fide prospective investors of the notes, bona fide securities analysts and bona fide market makers.
Investor Conference Calls
WASH will host an investor teleconference call for revolving credit facility lenders, holders of the notes, bona fide prospective investors of the notes, bona fide securities analysts and bona fide market makers after the reports are posted. Prior to the investor call, WASH will announce to such parties the date and time of the call and details on how to access the call.
Accessing WASH’s Secure Web Site
For holders of the notes, bona fide prospective investors of the notes, bona fide securities analysts and bona fide market makers who would like to access the secure web site but have not yet been qualified by WASH, please email your request to the contact below. You can access the “Request for Access to Financial Information” form here. Upon qualification, you will be sent an email with the login instructions.
WASH Multifamily Acquisition Inc. Investor Relations