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Alexandria Real Estate eyes offering of senior notes due 2027
By Lisa Kerner
Charlotte, N.C., June 1 – Alexandria Real Estate Equities, Inc. plans to price an offering of senior notes due 2027, according to a 424B5 filing with the Securities and Exchange Commission.
Bookrunners are RBC Capital Markets Corp., Barclays, BBVA Securities Inc. and Mizuho Securities USA Inc.
Proceeds will be used to reduce 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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