Boston Properties issues $850M 2.45% senior notes due 2033; calls $1B 3.85% notes due 2023

BXP, Inc.

Issued $850M aggregate principal of 2.450% Senior Notes due 2033; net proceeds ~$842.5M.
Intends to allocate net proceeds to green projects and redeem $1.0B of 3.85% notes due 2023.
Redemption of 2023 notes on Oct 15, 2021; expects a loss on early extinguishment of debt in Q4 2021.
Pending use, proceeds may be invested in short-term deposits; remaining redemption from cash or credit facility.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.