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Prospect News home > News index > List of issuers Tenders > Headlines for 2021 > News item
Published on 2/11/2021 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

UDR to fully redeem $300 million 4% medium-term notes due 2025

By Taylor Fox

New York, Feb. 11 – UDR, Inc. plans to fully redeem its $300 million outstanding 4% medium-term notes due October 2025 (Cusip: 90265EAK6), according to a news release.

UDR will also pay the make-whole amount and interest.

The redemption will be funded using proceeds from UDR’s offering of $300 million of new notes.

UDR is a Denver-based real estate investment trust that owns and manages multi-family apartment buildings.


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