debt
confidence high
sentiment neutral
materiality 0.55
Boston Properties LP issues $750M of 6.500% Senior Notes due 2034
BXP, Inc.
- Net proceeds ~$741.3M; allocated to eligible green projects or debt repayment.
- Proceeds to fund redemption of $500M of 3.125% senior notes maturing Sept 1, 2023.
- Notes issued under supplemental indenture dated May 15, 2023 with BNY Mellon trustee.
- Underwriters include BNY Mellon Capital Markets, BofA Securities, J.P. Morgan, Morgan Stanley, Wells Fargo.