share_log

American Assets Trust Announces Pricing Of $525M Of 6.150% Senior Unsecured Notes Due 2034

Benzinga ·  Sep 10 16:32

American Assets Trust, Inc. (NYSE:AAT) (the "company") today announced that its operating partnership, American Assets Trust, L.P. (the "operating partnership"), has priced a public offering of $525 million aggregate principal amount of 6.150% senior notes due 2034 (the "Notes"). The Notes were priced at 99.671% of the principal amount and will mature on October 1, 2034. The offering is expected to settle on September 17, 2024, subject to the satisfaction of customary closing conditions. The Notes will be fully and unconditionally guaranteed by the company.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment