Alexandria Real Estate (ARE) prices $1.8 billion senior note offering.
Alexandria Real Estate Equities, Inc. (ARE) said that it has priced a $1.8 billion two-part offering of senior unsecured notes. The offering included:
- $800 million 2.950% senior unsecured notes due 2034. The notes were priced to yield 2.980% or +120 basis points to the treasury curve.
- $1.0 billion 3.550% senior unsecured notes due 2052. The notes were priced to yield 3.573% or +145 basis points to the treasury curve.