---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-270256"
form_type: "8-K"
ticker: "CPT"
cik: "0000906345"
company_name: "CAMDEN PROPERTY TRUST"
filed_at: "2023-11-03T23:59:59+00:00"
generated_at: "2026-06-08T22:58:14.288054+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Camden Property Trust issues $500M of 5.850% Notes due 2026, net proceeds ~$496.9M

## Summary
- Issued $500M aggregate principal of 5.850% Notes due November 3, 2026.
- Net proceeds of approximately $496.9M after underwriting discounts and expenses.
- Proceeds to repay portion of unsecured revolving credit facility and for general corporate purposes.
- Notes redeemable at any time at make-whole premium; after one month prior to maturity at par.

## SEC filing metadata
- accession: 0001193125-23-270256
- form_type: 8-K
- ticker: CPT
- cik: 0000906345
- company_name: CAMDEN PROPERTY TRUST
- filed_at: 2023-11-03T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/906345/000119312523270256/0001193125-23-270256-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/906345/000119312523270256/d573753d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-270256
- JSON: https://secwatch.observer/filing/0001193125-23-270256.json
- Plain text: https://secwatch.observer/filing/0001193125-23-270256.txt

## Key facts
- Debt Financings
  CAMDEN PROPERTY TRUST incurred senior notes of $500,000,000 aggregate principal amount with BofA Securities, Inc., J.P. Morgan Securities LLC, PNC Capital Markets LLC, Truist Securities, Inc. and U.S. Bancorp Investments, Inc. at 5.850% maturing November 3, 2026.
  - Instrument: senior notes
  - Principal: $500,000,000 aggregate principal amount
  - Counterparty: BofA Securities, Inc., J.P. Morgan Securities LLC, PNC Capital Markets LLC, Truist Securities, Inc. and U.S. Bancorp Investments, Inc.
  - Rate: 5.850%
  - Maturity: November 3, 2026
  - Event: incurrence
  source text: pursuant to which the Company agreed to issue and sell to the Underwriters $500,000,000 aggregate principal amount of its 5.850% Notes due 2026
  evidence_url: https://www.sec.gov/Archives/edgar/data/906345/000119312523270256/0001193125-23-270256-index.htm
- Material Agreements
  CAMDEN PROPERTY TRUST entered into Underwriting Agreement with BofA Securities, Inc., J.P. Morgan Securities LLC, PNC Capital Markets LLC, Truist Securities, Inc. and U.S. Bancorp Investments, Inc., for themselves and Representatives of the several Underwriters named therein valued at $500,000,000 (effective 2023-10-31).
  - Action: entry
  - Agreement: notes offering
  - Counterparty: BofA Securities, Inc., J.P. Morgan Securities LLC, PNC Capital Markets LLC, Truist Securities, Inc. and U.S. Bancorp Investments, Inc., for themselves and Representatives of the several Underwriters named therein
  - Value: $500,000,000
  - Effective: 2023-10-31
  source text: On October 31, 2023, Camden Property Trust, a Texas real estate investment trust (the “Company”), entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc., J.P. Morgan Securities LLC, PNC Capital Markets LLC, Truist Securities, Inc. and U.S. Bancorp Investments, Inc., for themselves and Representatives of the several Underwriters named therein (the “Underwriters”), pursuant to which the Company agreed to issue and sell to the Underwriters $500,000,000 aggregate principal amount of its 5.850% Notes due 2026 (the “Notes”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/906345/000119312523270256/0001193125-23-270256-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
