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

Brixmor operating partnership offers $500M of senior notes

Blog

Gauging Supply Chain Risk In Volatile Times

Blog

The Future of Risk Management Digitization in Credit Risk Management

Blog

Climate Credit Analytics: Diving into the model

Video

How to use ESG Heat Maps in Credit Risk Analysis


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.