debt
confidence high
sentiment neutral
materiality 0.55
Alexandria Real Estate prices $750M 5.25% senior notes due 2036
ALEXANDRIA REAL ESTATE EQUITIES, INC.
- Priced $750M aggregate principal of 5.25% senior notes due 2036 at 99.679% (yield 5.291%).
- Closing expected February 25, 2026; notes are unsecured and guaranteed by subsidiary LP.
- Proceeds to repay commercial paper borrowings used in tender offer to repurchase $952.2M of outstanding notes.
- Joint book-runners include Citigroup, BofA, J.P. Morgan, Scotia, TD Securities, and others.