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Hudson Pacific Properties intends to price fixed-rate senior notes
By Devika Patel
Knoxville, Tenn., Sept. 24 – Hudson Pacific Properties, LP intends to offer fixed-rate senior notes, according to a 424B5 filing with the Securities and Exchange Commission.
The notes have a make-whole call and then a par call.
The notes will be guaranteed by Hudson Pacific Properties, Inc.
Wells Fargo Securities LLC and BofA Securities, Inc. are the bookrunners.
Proceeds will be used to repay all or a portion of the company’s term loan due April 2020, to repay all or a portion of the debt under its revolving credit facility and/or for general corporate purposes.
Hudson Pacific is a Los Angeles-based real estate investment trust focused on office and media and entertainment properties in California.
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