trending Market Intelligence /marketintelligence/en/news-insights/trending/pKTF-nY8c78PDu8I6VQKOA2 content esgSubNav
In This List

Brixmor operating partnership offers $500M of senior notes

Blog

Japan M&A By the Numbers: Q4 2023

Case Study

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

Blog

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

Podcast

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


Brixmor operating partnership offers $500M of senior notes

Brixmor Property Group Inc.'s operating partnership is offering $500 million of 3.650% senior notes at a price equal to 99.576% of par value.

Interest on the notes, due June 15, 2024, is payable semiannually every June 15 and Dec. 15, starting Dec. 15.

The operating partnership plans to fully or partially use the net proceeds from the offering to repay outstanding debt under its $1.25 billion unsecured revolving credit facility and for general corporate purposes.

Merrill Lynch Pierce Fenner & Smith Inc. and Wells Fargo Securities LLC are the joint book-running managers for the offering, which is slated to close June 5.