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Stock impact report

Duke Realty Announces Pricing Terms for $500 Million Senior Unsecured Notes Offering

Duke Realty Corporation (DRE) 
Last duke realty corporation earnings: 4/29 04:07 pm Check Earnings Report
US:NYSE Investor Relations: investor.dukerealty.com
Company Research Source: GlobeNewswire
INDIANAPOLIS, Nov. 01, 2021 (GLOBE NEWSWIRE) -- Duke Realty Corporation (NYSE: DRE), a leading industrial property REIT, announced today that its operating partnership, Duke Realty Limited Partnership (the “Operating Partnership”), has priced an underwritten public offering of $500 million of its 2.250% senior unsecured notes due January 15, 2032. The notes were priced at 98.823% of their face amount to yield 2.381% to maturity. The offering is expected to close on November 10, 2021, subject to the satisfaction of customary closing conditions. The Operating Partnership intends to allocate an amount equal to the net proceeds from the offering to finance or refinance, in whole or in part, one or more recently completed or future “Eligible Green Projects,” which may include certain “green buildings,” energy efficiency projects, sustainable water and wastewater management systems, renewable energy systems, clean transportation solutions, and pollution prevention and control. J.P. Morg Show less Read more
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