Curbline Properties Corp. has announced a significant new financing agreement through a private placement of $150 million in unsecured senior notes. The agreement, entered on June 26, 2025, involves Curbline Properties Corp. and its subsidiary, Curbline Properties LP, with a group of institutional investors. The issuance includes $100 million of 5.58% notes due in 2030 and $50 million of 5.87% notes due in 2032. The effective interest rate for the 2032 notes is set at 5.79%, with a weighted average coupon of 5.65%. The funds are intended for general corporate purposes, including future acquisitions. The notes are scheduled for sale and purchase on September 3, 2025, pending customary closing conditions.
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