By Lisa Kerner
Charlotte, N.C., June 3 – Terreno Realty Corp. privately placed $50 million of 10-year 3.99% senior notes.
The placement is expected to close on or around July 7.
KeyBanc Capital Markets Inc. and MUFG acted as joint lead placement agents.
The have not been registered under the Securities Act of 1933, as amended, and were offered and sold in reliance on the exemption from registration provided by Section 4(a)(2) of the Securities Act.
Based in San Francisco, Terreno acquires, owns and operates industrial real estate.
| Issuer: | Terreno Realty Corp.
|
| Issue: | Senior notes
|
| Amount: | $50 million
|
| Coupon: | 3.99%
|
| Maturity: | 10 years
|
| Agents: | KeyBanc Capital Markets Inc., MUFG
|
| Pricing date: | June 3
|
| Settlement date: | On or about July 7
|
| Distribution: | Private placement
|
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