Candice W. Todd
On November 16, 2023, Candice W. Todd, 58, was elected to join the Company’s Board of Directors effective January 30, 2024.
Highest-materiality recent filing
Highwoods Properties sets up $300M ATM equity program with forward and warrant options
Entered equity distribution agreements for at-the-market sales of up to $300M of common stock.
Highwoods Realty LP issues $350M 5.350% notes due 2033
Public offering of $350M aggregate principal amount of 5.350% Notes due January 15, 2033.
Highwoods Properties prices $350M of 5.350% Notes due 2033
Issued $350M aggregate principal amount of 5.350% Notes due January 15, 2033.
Highwoods Properties extends $200M term loan maturity to Jan 2029, SOFR+95bps
Modified $200M unsecured term loan; maturity extended from May 2026 to January 2029.
Highwoods stockholders approve 2025 equity incentive plan; authorize 1.25M shares
Plan approved with 91.7M for, 3.8M against, 0.2M abstain, 4.2M broker non-votes.
Highwoods amends $750M credit facility with sustainability-linked margin adjustment of +/-2.5 bps
Modified $750M unsecured revolving credit facility to tie interest rate to greenhouse gas emission reduction goals.
Highwoods Properties shareholders elect all director nominees; auditor ratified, say-on-pay passes
All 9 director nominees elected: top vote-getter Charles Anderson 92.0M for; lowest Thomas Anderson 72.1M for (20.2M withheld).
Highwoods Properties enters amended $750M revolving credit facility maturing Jan 2028
New facility replaces prior $750M revolver; same facility size.
Highwoods issues $350M 7.65% notes due 2034; appoints Candice Todd to board
Issued $350M aggregate principal of 7.65% Notes due February 1, 2034.
Highwoods Properties prices $350M of 7.65% notes due 2034
Offering of $350M aggregate principal amount of 7.65% Notes due February 1, 2034.
Highwoods Properties annual meeting votes; all directors elected, say-on-pay approved
Elected all 8 director nominees; each received >68M for votes against <23M withheld.
Highwoods Properties enters ATM equity offering program for up to $300M of common stock
Entered equity distribution agreements with eight firms to sell up to $300M of common stock from time to time.
Highwoods extends $200M term loan to 2026, adds $150M delayed-draw term loan
$200M unsecured term loan maturity extended from Nov 2022 to May 2026.
Highwoods Properties annual meeting elects all 8 directors; say-on-pay passes
All director nominees elected with over 83M votes each; Thomas P. Anderson received lowest support at 83.5M.
Highwoods closes $683M acquisition of office portfolio from Preferred Apartment Communities
Total investment $683M includes $28M improvements and $4M costs; assumes $407M secured loans at 3.5% weighted avg rate, 10.7 yr maturity.
On November 16, 2023, Candice W. Todd, 58, was elected to join the Company’s Board of Directors effective January 30, 2024.
Max materiality 0.80 · Median 0.55 · Most common event debt