secwatch / observer
8-K filed February 15, 2024, 6:59 PM ET ticker ARE CIK 0001035443
debt confidence high sentiment neutral materiality 0.50

ALEXANDRIA REAL ESTATE EQUITIES, INC. (ARE): debt financing — Alexandria RE issues $1B in senior notes: $400M 5.25% due 2036, $600M 5.625% due 2054

ALEXANDRIA REAL ESTATE EQUITIES, INC.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.98

ALEXANDRIA REAL ESTATE EQUITIES, INC. incurred senior notes of $400,000,000 aggregate principal amount of the Company’s 5.250 % Senior Notes due 2036 (the “2036 Notes”) and $600,000,0 with Truist Bank (formerly known as Branch Banking and Trust Company) at 5.250% per year for the 2036 Notes and 5.625% per year for the 2054 Notes maturing May 15, 2036 for the 2036 Notes and May 15, 2054 for the 2054 Notes.

Instrument
senior notes
Principal
$400,000,000 aggregate principal amount of the Company’s 5.250 % Senior Notes due 2036 (the “2036 Notes”) and $600,000,0
Counterparty
Truist Bank (formerly known as Branch Banking and Trust Company)
Rate
5.250% per year for the 2036 Notes and 5.625% per year for the 2054 Notes
Maturity
May 15, 2036 for the 2036 Notes and May 15, 2054 for the 2054 Notes
Event
incurrence
Exact text from the filing
On February 15, 2024, Alexandria Real Estate Equities, Inc. (the “Company”) issued and sold $400,000,000 aggregate principal amount of the Company’s 5.250 % Senior Notes due 2036 (the “2036 Notes”) and $600,000,000 aggregate principal amount of the Company’s 5.625 % Senior Notes due 2054 (the “2054 Notes,” and together with the 2036 Notes, the “Notes”) in a registered public offering pursuant to an effective shelf registration statement on Form S-3 on file with the Securities and Exchange Commission.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

ALEXANDRIA REAL ESTATE EQUITIES, INC. entered into Indenture with Truist Bank valued at $400,000,000 aggregate principal amount of the Company’s 5.250 % Senior Notes due 2036 and $600,000, (effective 2024-02-15).

Action
entry
Agreement
notes offering
Counterparty
Truist Bank
Value
$400,000,000 aggregate principal amount of the Company’s 5.250 % Senior Notes due 2036 and $600,000,
Effective
2024-02-15
Exact text from the filing
On February 15, 2024, Alexandria Real Estate Equities, Inc. (the “Company”) issued and sold $400,000,000 aggregate principal amount of the Company’s 5.250 % Senior Notes due 2036 (the “2036 Notes”) and $600,000,000 aggregate principal amount of the Company’s 5.625 % Senior Notes due 2054 (the “2054 Notes,” and together with the 2036 Notes, the “Notes”) in a registered public offering pursuant to an effective shelf registration statement on Form S-3 on file with the Securities and Exchange Commission.
View on SEC.gov

299 debt financings filed in the last 30 days. Browse all debt financings →

ALEXANDRIA REAL ESTATE EQUITIES, INC. filing history →

Source: SEC EDGAR
accession 0001104659-24-024558
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