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Published on 3/25/2010 in the Prospect News Convertibles Daily, Prospect News Investment Grade Daily and Prospect News Preferred Stock Daily.

Essex Property Trust files shelf covering preferreds, stock and debt

By Devika Patel

Knoxville, Tenn., March 25 - Essex Property Trust Inc. filed a shelf registration for an unspecified amount in an S-3 filing with the Securities and Exchange Commission.

The registration covers common stock, preferred stock, depositary shares, warrants and other rights, stock purchase contracts, units and guarantees of debt securities, along with debt securities to be offered by Essex Portfolio, LP.

The securities may be structured as convertibles.

Proceeds will be used for general corporate purposes.

Essex is a Palo Alto, Calif.-based real estate investment trust.


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