Alexandria Real Estate planning senior notes offering

By Aleesia Forni

Virginia Beach, Nov. 5 – Alexandria Real Estate Equities, Inc. plans to price an offering of senior notes, according to a 424B5 filing with the Securities and Exchange Commission.

Bookrunners are Goldman Sachs & Co., BofA Merrill Lynch, Citigroup Global Markets Inc. and J.P. Morgan Securities LLC.

Proceeds will be used to pay the outstanding balance of an unsecured senior line of credit.

The notes are guaranteed by Alexandria Real Estate Equities LP.

The real estate investment trust for life science labs is based in Pasadena, Calif.

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