other
confidence high
sentiment neutral
materiality 0.20
COPT Defense Properties registers 14.1M shares for exchange of 5.25% senior notes due 2028
COPT DEFENSE PROPERTIES
- Filed prospectus supplement registering up to 14,104,635 common shares issuable upon exchange of 5.25% Exchangeable Senior Notes due 2028.
- Shares are for resale by recipients; the company is not selling any securities in the offering.
- Registration covers potential future exchanges of the operating partnership's notes into COPT common shares.