Essex property trust prices $350 million of senior notes

San mateo, calif.--(business wire)--essex property trust, inc. (nyse:ess) (“essex”) announced today that its operating partnership, essex portfolio, l.p. (the “issuer”), priced an underwritten public offering of $350 million aggregate principal amount of 5.500% senior notes due 2034 (the “notes”). the notes were priced at 99.752% of par value with a yield to maturity of 5.532%. interest is payable semiannually at an interest rate per annum of 5.500% on april 1 and october 1 of each year with th.
ESS Ratings Summary
ESS Quant Ranking