Developers Diversified Realty Corp - Current report filing (8-K)

Exhibit No.

Description of Exhibit

Exhibit 4.1

Third Amendment to Seventh Amended and Restated Revolving Credit Agreement by and among the Company, DDR PR Ventures, JPMorgan Chase Bank, N.A., as Administrative Agent, and the several banks, financial institutions and other entities from time to time parties to such loan agreement

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)		December 26, 2007

DEVELOPERS DIVERSIFIED REALTY CORPORATION

(Exact name of registrant as specified in its charter)


Ohio	1-11690	34-1723097

(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)


3300 Enterprise Parkway, Beachwood, Ohio		44122

(Address of principal executive offices)		(Zip Code)


Registrant’s telephone number, including area code		(216) 755-5500

(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 (see General Instruction A.2. below):


o		Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


o		Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


o		Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


o		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 December 26, 2007, Developers Diversified Realty Corporation (the “Company”) entered into a Third Amendment to Seventh Amended and Restated Revolving Credit Agreement (the “JPMorgan Amendment”) by and among the Company, DDR PR Ventures LLC, S.E., a Delaware limited liability company (“DDR PR Ventures”), JPMorgan Chase Bank, N.A., as Administrative Agent, and the several banks, financial institutions and other entities from time to time parties to such loan agreement that increases the aggregate commitment under the loan agreement from $1.2 billion to $1.25 billion. A copy of the JPMorgan Amendment is attached as Exhibit 4.1 and is incorporated by reference herein. The foregoing description of the JPMorgan Amendment is qualified in its entirety by reference to Exhibit 4.1.


Item 2.03		Creation of a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet Arrangement

As discussed in Item 1.01 above, the Company entered into the JPMorgan Amendment. The information regarding the JPMorgan Amendment set forth under Item 1.01 is incorporated by reference herein.


Item 9.01		Financial Statements and Exhibits

(d) Exhibits

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.

Developers Diversified Realty Corporation

(Registrant)


Date:				December 28, 2007


By:				/s/ Joan U. Allgood Joan U. Allgood Executive Vice President — Corporate Transactions and Governance

Exhibit Index