Hudson Pacific Properties Announces Cash Tender Offer for Outstanding Notes
Hudson Pacific's operating partnership launched a cash tender offer for up to $200 million combined of its 3.950% Senior Notes due 2027 and 5.950% Senior Notes due 2028, targeting $100 million of each series. The offer prices at $980.00 per $1,000 for the 2027 Notes and $991.25 per $1,000 for the 2028 Notes, expiring October 9, 2026, with settlement expected October 14.
Key figures
- Coupon 2027 notes
- 3.950%
- Coupon 2028 notes
- 5.950%
- 2027 notes outstanding
- 400000000
- 2028 notes outstanding
- 350000000
- Target allocation per series
- 100000000
- Aggregate maximum tender amount
- 200000000
- Tender offer consideration 2027 notes per 1000
- 980
- Tender offer consideration 2028 notes per 1000
- 991.25
AI analysis
Red flags2 · Pro
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.