8-KItem 1.01 · Material AgreementItem 2.03 · Financial ObligationItem 9.01 · Financial Statements
Alexandria Real Estate Equities Issues $1 Billion in Junior Subordinated Notes
Filed with the SEC on · Summarized by InvestorsBot
Alexandria Real Estate Equities issued $1 billion of 7.250% fixed-to-fixed reset-rate junior subordinated notes due 2057 in a registered public offering, guaranteed by Alexandria Real Estate Equities, L.P. The notes pay 7.250% interest through February 2032, then reset to the five-year U.S. Treasury rate plus 2.889%, subject to a 7.250% minimum; interest may be deferred under the indenture, and the notes rank below the company’s senior debt.