debt
confidence high
sentiment neutral
materiality 0.50
Healthpeak completes $350M 5.25% senior notes offering due 2032
HEALTHPEAK PROPERTIES, INC.
- $350M aggregate principal of 5.250% notes due 2032; net proceeds ~$346.9M including accrued interest.
- Notes are a further issuance of existing 5.250% series; fully guaranteed by Healthpeak Properties, Inc.
- Proceeds to repay commercial paper borrowings and for general corporate purposes.
- Maturity December 15, 2032; semi-annual interest at 5.25% starting June 15, 2023.
- Make-whole redemption at Treasury +30 bps before Sept 15, 2032, thereafter at par.