Sun Communities Inc., through its operating arm Sun Communities Operating Limited Partnership (SCOLP), has entered into a new credit agreement as of September 17, 2025. This agreement, established with J.P. Morgan as the Administrative Agent and several major banks including Bank of America, Citibank, and Wells Fargo among others, replaces the existing $3.05 billion credit facility that was set to mature in April 2026. The new agreement secures a revolving loan facility allowing SCOLP to borrow up to $2.0 billion, with the potential for an additional $1.0 billion subject to certain conditions. The maturity date for this new facility is set for January 31, 2030, with options for two six-month extensions. The interest rates cover multiple currencies, including U.S. Dollars, Euros, Canadian Dollars, and Australian Dollars, with margins based on the company's credit ratings. The termination of the prior credit agreement coincided with the new agreement's execution.