PASADENA, Calif., Feb. 2, 2022 /PRNewswire/ — Alexandria Real Estate Equities, Inc. (“Alexandria” or the “Company”) (NYSE: ARE) today announced that it has priced a public offering of $800,000,000 aggregate principal amount of 2.950% senior notes due 2034 and $1,000,000,000 aggregate principal amount of 3.550% senior notes due 2052 (the “notes”). Goldman Sachs & Co. LLC, BofA Securities, Inc., Citigroup Global Markets Inc., RBC Capital Markets, LLC, Evercore Group L.L.C., J.P. Morgan Securities LLC, Mizuho Securities USA LLC, PNC Capital Markets LLC, Scotia Capital (USA) Inc., SMBC Nikko Securities America, Inc., TD Securities (USA) LLC and U.S. Bancorp Investments, Inc. are acting as joint book-running managers in connection with the public offering and Barclays Capital Inc., BNP Paribas Securities Corp., Capital One Securities, Inc., Fifth Third Securities, Inc., Regions Securities LLC and Truist Securities, Inc. are acting as co–managers in connection with the public offering.
The senior notes due 2034 were priced at 99.696% of the principal amount with a yield to maturity of 2.980% and the senior notes due 2052 were priced at 99.575% of the principal amount with a yield to maturity of 3.573%. The notes will be unsecured obligations of the Company and fully and unconditionally guaranteed by Alexandria Real Estate Equities, L.P., an indirectly 100% owned subsidiary of the Company. The closing of the sale of the notes is expected to occur on or about February 16,…
