secwatch.observer — SEC 8-K summary
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Issuer:     COUSINS PROPERTIES INC (CUZ)
CIK:        0000025232
Form:       8-K
Filed at:   2024-12-17T23:59:59+00:00
Accession:  0001628280-24-051659
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cousins Properties LP issues $400M of 5.375% Senior Notes due 2032 for Sail Tower acquisition
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- Issued $400M aggregate principal of 5.375% Senior Notes maturing February 15, 2032, fully guaranteed by the parent company.
- Interest payable semi-annually on Feb 15 and Aug 15, beginning Aug 15, 2025.
- Proceeds to partly fund the acquisition of Sail Tower (804k sq ft office in Austin) and repay credit facility borrowings.
- Redemption at make-whole premium before Dec 15, 2031; thereafter at par plus accrued interest.
- Underwriters include J.P. Morgan, Truist Securities, and U.S. Bancorp Investments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/25232/000162828024051659/0001628280-24-051659-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/25232/000162828024051659/cuz-20241217.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-051659

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