Arden Realty Issues $200M of Notes

Arden Realty Inc., Los Angeles, has announced the placement by affiliate Arden Realty LP of $200 million of senior unsecured notes due Sept. 1, 2011.Arden said the all-in effective rate of the notes, including offering expenses and the settlement of three forward-starting swaps, is 5.45%. Arden Realty, a real estate investment trust that specializes in office properties in Southern California, can be found online at http://www.ardenrealty.com.

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