Boston Properties Inc., a Boston-based real estate investment trust, has reported that its operating partnership, Boston Properties LP, has priced an offering of $175 million of senior unsecured notes.The 6.25% notes, due Jan. 15, 2013, were priced at 99.763 to yield 6.28%. The REIT said the proceeds will be used in part to repay the unsecured bridge loan used to fund the company's acquisition of 399 Park Avenue in Midtown Manhattan last September. The notes represent a reopening of the 10-year, 6.25% senior notes issued Dec. 13, and will, together with those notes, constitute a single series with an aggregate outstanding principal amount of $925 million, the REIT said. The company can be found online at http://www.bostonproperties.com.
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