Boston Properties Inc., a Boston-based real estate investment trust, has reported that its operating partnership, Boston Properties LP, has priced an offering of $650 million of exchangeable senior notes. The net proceeds of the 3.625% notes, due 2014, will be used for the funding of a capped call transaction, the repayment of debt, real estate development opportunities, the acquisition of real estate assets, and other real estate investment opportunities, the REIT said. The company can be found online at http://www.bostonproperties.com.
Processing Content
