BXP (BXP) said late Monday it priced a public offering of $700 million of 6.050% senior unsecured notes due 2036.
The offering is expected to be completed on Aug. 31, subject to closing conditions, according to a statement.
Net proceeds of $692.4 million will be used to redeem $1 billion of 2.75% senior notes due 2026, the company said.