trending Market Intelligence /marketintelligence/en/news-insights/trending/6KXK-LIxpYJXPgKCUWoQeQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Duke Realty operating partnership prices $175M debt offering

Credit Analytics Case Study Poundworld Retail Ltd


IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

The Market Intelligence Platform

Real Estate

Real Estate Solutions Overview

Duke Realty operating partnership prices $175M debt offering

Duke Realty Corp. said its operating partnership, Duke Realty LP, priced a $175 million offering of its 3.375% senior unsecured notes due Dec. 15, 2027, at 104.162% of par value, plus accrued interest, with a re-offer yield of 2.796%.

The industrial real estate investment trust said interest on the notes is payable semiannually every June 15 and Dec. 15, starting Dec. 15 of this year.

The REIT plans to use the net proceeds for repayment of borrowings under its unsecured senior line of credit and for general corporate purposes.

J.P. Morgan Securities LLC, Citigroup Global Markets Inc., U.S. Bancorp Investments Inc. and Wells Fargo Securities LLC were the joint book-running managers for the offering, slated to close Aug. 16.

Barclays Capital Inc., BB&T Capital Markets, Morgan Stanley & Co. LLC, PNC Capital Markets LLC, RBC Capital Markets LLC, Regions Securities LLC, Samuel A. Ramirez & Co. Inc., Scotia Capital (USA) Inc., SunTrust Robinson Humphrey Inc. and UBS Securities LLC were the co-managers.