Corporate Office Properties Prices $400 Million of 2.900% Senior Notes due 2033
Corporate Office Properties Trust (COPT or the Company) (NYSE: OFC) announced that its operating partnership, Corporate Office Properties, L.P. (the Operating Partnership), priced an underwritten public offering (the Offering) of $400 million of 2.900% Senior Notes due 2033 (the 2033 Notes).
- Corporate Office Properties Trust (COPT or the Company) (NYSE: OFC) announced that its operating partnership, Corporate Office Properties, L.P. (the Operating Partnership), priced an underwritten public offering (the Offering) of $400 million of 2.900% Senior Notes due 2033 (the 2033 Notes).
- The Company will fully and unconditionally guarantee the Operating Partnerships obligations under the 2033 Notes.
- COPT is a REIT that owns, manages, leases, develops and selectively acquires office and data center properties.
- The Company also owns a portfolio of office properties located in select urban/urban-like submarkets in the Greater Washington, DC/Baltimore region with durable Class-A office fundamentals and characteristics (Regional Office Properties).