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UDR closes $400M notes offering

UDR Inc. on Oct. 11 closed an offering of $100.0 million of 3.200% senior unsecured notes due Jan. 15, 2030, and $300.0 million of 3.100% senior unsecured notes due Nov. 1, 2034.

The multifamily real estate investment trust earlier said it expects to allocate the net proceeds from the sale of the 2034 notes to fund eligible green projects.