Alexandria Real Estate Equities Prices $750 Million Debt Offering
MT Newswires Live
Feb 11
Alexandria Real Estate Equities (ARE) said late Tuesday it priced a public offering of $750 million of 5.25% senior notes due 2036 at 99.679% of par value.
Net proceeds will be used for debt repayments, potential investments, working capital, and general corporate purposes.
Closing of the offering is expected to occur Feb. 25, the company said.
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