debt
confidence high
sentiment neutral
materiality 0.55
Alexandria Real Estate prices $1B notes: $400M at 5.250% due 2036, $600M at 5.625% due 2054
ALEXANDRIA REAL ESTATE EQUITIES, INC.
- Priced $400M 5.250% senior notes due 2036 at 99.787% and $600M 5.625% senior notes due 2054 at 99.943%.
- Notes fully and unconditionally guaranteed by Alexandria Real Estate Equities, L.P.
- Net proceeds for general corporate purposes, including reducing line of credit and other debt.
- Closing expected on or about February 15, 2024.