Boston Properties redeems in full $550 million 5%, 5.625% notes

By Marisa Wong

Madison, Wis., Dec. 15 – Boston Properties LP gave notice that it will redeem in full its $250 million of outstanding 5% senior notes due June 1, 2015 and its $300 million of outstanding 5.625% senior notes due April 15, 2015.

The notes have been called for redemption on Dec. 15.

The 5% notes will be redeemed at 102.1324, and the 5 5/8% notes will be redeemed at 101.732.

The real estate investment trust for office properties is based in Boston.

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