debt
confidence high
sentiment neutral
materiality 0.50
ERP Operating LP issues $600M of 4.650% Notes due 2034
EQUITY RESIDENTIAL
- Principal amount $600M, coupon 4.650%, maturity September 15, 2034.
- Notes issued via public offering; Barclays, BofA, Deutsche Bank, Morgan Stanley, U.S. Bancorp underwriters.
- Issuer is ERP Operating LP, operating partnership of Equity Residential (EQR).
- Proceeds to be used for general corporate purposes.
- Notes are unsecured obligations of ERP Operating LP.