trending Market Intelligence /marketintelligence/en/news-insights/trending/6rzjdqqvoxpqbyevs_xpig2 content esgSubNav
In This List

Brixmor closes $250M senior notes offering


Japan M&A By the Numbers: Q4 2023

Case Study

An Investment Bank Taps S&P's Real Estate Modeling Expertise


FIMA EUROPE 2023: Exploring the Intersection of Data, Governance, and Future Trends in Finance


Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

Brixmor closes $250M senior notes offering

Brixmor Property Group Inc.'s operating partnership closed a $250.0 million offering of floating-rate senior notes due Feb. 1, 2022.

The notes carry a variable annual interest rate equal to three-month U.S. dollar London Interbank Offered Rate plus 1.05%, payable quarterly every Feb. 1, May 1, Aug. 1 and Nov. 1, starting Nov. 1, 2018.

The shopping center real estate investment trust said Brixmor Operating Partnership LP plans to use the net proceeds for the repayment of outstanding debt under its $600 million term loan and general corporate purposes.

The Bank of New York Mellon is the trustee for the notes.