Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers H > Headlines for Highwoods Realty LP > News item |
Highwoods Realty plans to sell fixed-rate notes due 2034
Chicago, Nov. 14 – Highwoods Realty LP is planning to offer fixed-rate notes due 2034, according to a 424B5 filing with the Securities and Exchange Commission.
The notes have a make-whole call option and then a par call option.
PNC Capital Markets LLC, BofA Securities, Inc., J.P. Morgan Securities LLC, TD Securities (USA) LLC and Wells Fargo Securities, LLC are listed as joint bookrunners.
U.S. Bank NA will be the trustee.
Highwoods is using DLA Piper LLP (US) and Vinson & Elkins, LLP as counsel. Baker Botts LLP is advising the underwriters.
Proceeds will be used to repay outstanding debt, including $750 million outstanding on a revolving credit facility and a $200 million term loan. The notes will also be used for general corporate purposes.
The real estate investment trust is based in Raleigh, N.C.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.