debt
confidence high
sentiment neutral
materiality 0.60
COPT subsidiary issues $400M of 2.000% Senior Notes due 2029
COPT DEFENSE PROPERTIES
- $400M aggregate principal amount; 2.000% interest rate; mature 2029.
- Notes issued by Corporate Office Properties, L.P., fully guaranteed by COPT.
- Expected closing on or about August 11, 2021; subject to customary conditions.
- Underwriters include J.P. Morgan, Barclays, KeyBanc, and Wells Fargo.
- Offered pursuant to an effective shelf registration statement on Form S-3.