Hudson Pacific Properties Enters Into Agreement for $425 Million Private Placement; Closes New $300 Million Term Loan Credit AgreementHudson Pacific Properties • November 20th, 2015 • Hudson Pacific Properties, L.P. • Real estate
Los Angeles, November 20, 2015 – Hudson Pacific Properties, Inc. (NYSE: HPP) (the “Company”) and Hudson Pacific Properties, L.P. (the “Operating Partnership”) announced today entry into a note purchase agreement providing for the private placement of $425.0 million of senior guaranteed notes (the “Notes”) by the Operating Partnership, consisting of $110.0 million of 4.34% Series A Guaranteed Senior Notes due January 2, 2023, $259.0 million of 4.69% Series B Guaranteed Senior Notes due December 16, 2025, and $56.0 million of 4.79% Series C Guaranteed Senior Notes due December 16, 2027.
