Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Essex Property Trust Prices $350 Million of 4.000% Senior Notes Due 2029

Essex Property Trust, Inc. (ESS) 
Last essex property trust, inc. earnings: 1/29 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.essexapartmenthomes.com
Company Research Source: Business Wire
SAN MATEO, Calif.--(BUSINESS WIRE)-- Essex Property Trust, Inc. (NYSE:ESS) announced today that its operating partnership, Essex Portfolio, L.P. (the “Issuer”), priced an underwritten public offering of $350 million aggregate principal amount of 4.000% senior notes due 2029 (the “Notes”). The Notes were priced at 99.188% of par value with a yield to maturity of 4.099%. Interest is payable semiannually at an interest rate per annum of 4.000% on March 1 and September 1 of each year with the first interest payment due September 1, 2019. The Notes mature on March 1, 2029. The Notes will be the senior unsecured obligations of the Issuer and will be fully and unconditionally guaranteed by Essex Property Trust, Inc. The Notes offering is expected to close on February 11, 2019, subject to the satisfaction of certain closing conditions. The Issuer expects to use the net proceeds to repay indebtedness under its un Show less Read more
Impact Snapshot
Event Time:
ESS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for ESS alerts
Opt-in for
ESS alerts

from News Quantified
Opt-in for
ESS alerts

from News Quantified