Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers C > Headlines for Corporate Office Properties LP > News item |
Corporate Office Properties preps offering of guaranteed senior notes
Chicago, Aug. 2 – Corporate Office Properties LP is set to offer guaranteed fixed-rate senior notes, according to a 424B5 filing with the Securities and Exchange Commission on Monday.
The bonds will be guaranteed by Corporate Office Properties Trust.
The notes will have a make-whole call until a certain number of months before the maturity date when the notes can be called at par.
J.P. Morgan Securities LLC, Barclays Capital Inc., KeyBanc Capital Markets Inc., and Wells Fargo Securities, LLC are underwriting the offering.
U.S. Bank NA is the trustee.
Counsel for the issuer is Morgan, Lewis & Bockius LLP. Counsel for the guarantor is Saul Ewing Arnstein & Lehr LLP.
Proceeds will be used to repay a portion of an unsecured term loan and for general corporate purposes, including paying down amounts under the company’s revolver.
The real estate investment trust for suburban office properties is based in Columbia, Md.
© 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.