Easterly Government Properties issues $200M senior unsecured notes at 6.56%

Easterly Government Properties, Inc.

$150M Series A notes issued May 29, 2024; $50M Series B notes expected Aug 14, 2024.
Both series bear 6.56% fixed interest, mature in 2033 (9-year term).
Proceeds to repay credit facility borrowings and for general corporate purposes.
CFO cited oversubscribed investor demand and extension of weighted average debt maturities.

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