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Kilroy Realty operating partnership closes $425M notes offering

Kilroy Realty Corp.'s operating partnership closed Dec. 11 its $425.0 million underwritten public offering of 3.450% senior notes due 2024.

The company earlier said the net proceeds will go toward the redemption of all $325.0 million of the operating partnership's outstanding 4.800% senior notes due 2018.

U.S. Bank NA was the trustee.