Camden property trust prices $500 million 5.850% senior unsecured notes due 2026

Houston--(business wire)--camden property trust (nyse:cpt) today announced it has priced a $500 million offering of senior unsecured notes under its existing shelf registration. these three-year notes were issued at 99.997% of par value with a coupon of 5.850%. interest on the notes is payable semi-annually on may 3 and november 3, with the first payment becoming due and payable on may 3, 2024, and the notes will mature on november 3, 2026. camden expects to use the net proceeds of approximatel.
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