Boston Properties will use green notes to pay down revolver

Chicago, Nov. 7 – Boston Properties LP said it will use a new offering of fixed-rate notes to repay borrowings under its $1.5 billion revolver, according to a 424B5 filing with the Securities and Exchange Commission.

Ultimately proceeds will be used to fund green projects, the company said.

Boston-based Boston Properties is the operating subsidiary of real estate investment trust Boston Properties, Inc.

© 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.