trending Market Intelligence /marketintelligence/en/news-insights/trending/vCI444DDALI--1vWzVOIJw2 content esgSubNav
In This List

Essex Property operating partnership completes $150M senior notes offering

Blog

Japan M&A By the Numbers: Q4 2023

Case Study

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

Podcast

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

Blog

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


Essex Property operating partnership completes $150M senior notes offering

The operating partnership of multifamily real estate investment trust Essex Property Trust Inc. issued $150.0 million of 4.000% senior notes due 2029 in a public offering.

Net proceeds from the offering, which closed March 26, will be used by the operating partnership to repay debt under its $1.2 billion unsecured line of credit facility and its $35.0 million unsecured working capital line of credit facility, as well as to support general corporate and working capital purposes.