debt
confidence high
sentiment neutral
materiality 0.50
COPT Defense prices $400M of 4.500% Senior Notes due 2030 for refinancing
COPT DEFENSE PROPERTIES
- COPT Defense Properties placed $400M of 4.500% Senior Notes due 2030 via underwritten public offering.
- Net proceeds to repay 2.250% Senior Notes due 2026 and reduce revolver/term loan balances.
- Offering expected to close October 2, 2025, subject to customary conditions.
- Joint book-running managers: Wells Fargo, PNC Capital Markets, TD Securities, and KeyBanc.
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