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Federal Realty plans note offering

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Federal Realty plans note offering

Federal Realty InvestmentTrust is planning an offering of senior unsecured notes due 2046.

The company did not disclose the size of the offering in a prospectussupplement filed July 7. Wells Fargo Securities, Deutsche Bank Securities and USBancorp were listed as joint book-running managers.

Federal Realty said net proceeds would go toward paying downthe balance under its revolving credit facility and for general corporate purposes.