The company said its unit Healthpeak OP, LLC completed an underwritten offering of $500.0 million in 5.375% senior notes due 2035 on February 14, 2025. It said estimated net proceeds are expected to be about $493.2 million.

8-KOther EventsFiled Feb 14, 2025Period of report Feb 14, 2025Summary published (UTC) Oct 16, 2026

Key points

AI summary

The company said its unit Healthpeak OP, LLC completed an underwritten offering of $500.0 million in 5.375% senior notes due 2035 on February 14, 2025. It said estimated net proceeds are expected to be about $493.2 million.
The company said Healthpeak OP plans to use the net proceeds to repay borrowings under its commercial paper program and for general corporate purposes. It said general corporate purposes may include repaying or repurchasing other debt, working capital, acquisitions, development and redevelopment activities, and capital expenditures, and that pending use, the proceeds may be invested in short-term securities.
The company said the notes mature on February 15, 2035, with interest payable semi-annually in arrears on February 15 and August 15, beginning on August 15, 2025. It said the notes are senior unsecured obligations of Healthpeak OP, guaranteed on a joint and several basis by the company, DOC DR Holdco, LLC and DOC DR, LLC.
The company said Healthpeak OP may redeem the notes before November 15, 2034 (the Par Call Date) at a price equal to the greater of the sum of the present values of remaining scheduled principal and interest discounted at the Treasury Rate plus 20 basis points, less accrued interest, and 100% of principal, plus accrued and unpaid interest. It said that on or after the Par Call Date, the notes may be redeemed at 100% of principal, plus accrued and unpaid interest.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Healthpeak OP completes $500.0 million 5.375% senior notes due 2035 offering

The company said its unit Healthpeak OP, LLC completed an underwritten offering of $500.0 million in 5.375% senior notes due 2035 on February 14, 2025. It said estimated net proceeds are expected to be about $493.2 million.

Source · Based on the filing body and exhibits

Use of proceeds: commercial paper repayment and general corporate purposes

The company said Healthpeak OP plans to use the net proceeds to repay borrowings under its commercial paper program and for general corporate purposes. It said general corporate purposes may include repaying or repurchasing other debt, working capital, acquisitions, development and redevelopment activities, and capital expenditures, and that pending use, the proceeds may be invested in short-term securities.

Source · Based on the filing body and exhibits

Note maturity, interest schedule and guarantee structure

The company said the notes mature on February 15, 2035, with interest payable semi-annually in arrears on February 15 and August 15, beginning on August 15, 2025. It said the notes are senior unsecured obligations of Healthpeak OP, guaranteed on a joint and several basis by the company, DOC DR Holdco, LLC and DOC DR, LLC.

Source · Based on the filing body and exhibits

Redemption terms before and after the Par Call Date of November 15, 2034

The company said Healthpeak OP may redeem the notes before November 15, 2034 (the Par Call Date) at a price equal to the greater of the sum of the present values of remaining scheduled principal and interest discounted at the Treasury Rate plus 20 basis points, less accrued interest, and 100% of principal, plus accrued and unpaid interest. It said that on or after the Par Call Date, the notes may be redeemed at 100% of principal, plus accrued and unpaid interest.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

Unauthorized scraping, data storage and database creation prohibited

Without prior written consent, you must not crawl or scrape data compiled and organized by Chickstock or its analysis and summaries, or collect them repeatedly or in bulk for storage, ingestion or database creation. Repurposing, redistribution, sale and use to build other services are also prohibited.

Unauthorized use may result in access restrictions, demands to stop infringement and delete copies, and claims for damages. Violations of applicable law may also give rise to criminal liability.

Uses permitted by law, the Terms of Service or a separate agreement remain subject to their respective scope. Rights in individual source materials, including original filings, remain with their respective rights holders.