Alexandria Real Estate Equities, Inc. entered into an underwriting agreement with Goldman Sachs & Co. LLC and other representatives of the underwriters for the sale of $550,000,000 of 5.50% Senior Notes due 2035, with Alexandria Real Estate Equities, L.P. as guarantor, on January 30, 2025.

1. 01

   Alexandria Real Estate Equities, Inc. entered into an underwriting agreement with Goldman Sachs & Co. LLC and other representatives of the underwriters for the sale of $550,000,000 of 5.50% Senior Notes due 2035, with Alexandria Real Estate Equities, L.P. as guarantor, on January 30, 2025.

2. 02

   The company said the notes will be fully and unconditionally guaranteed by the guarantor and, subject to customary closing conditions, the underwriters expect to deliver the notes to purchasers on or about February 13, 2025.

3. 03

   The company said it expects to use the net proceeds from the offering to redeem or repay all or a portion of its 3.45% Senior Notes due 2025, which mature on April 30, 2025.

4. 04

   The company said that, until used, it may invest the net proceeds in high-quality short-term securities or use them temporarily for general working capital and other general corporate purposes, and that any net proceeds in excess of the amount needed to redeem or repay its 3.45% Senior Notes due 2025 will be used for general working capital and other general corporate purposes.

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Original filing

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