Hudson Pacific announces tender results for notes offer
Hudson Pacific said its cash tender offer for outstanding 2027 and 2028 notes expired oversubscribed. The company will accept $100 million of each series and expects settlement on or around Oct. 14.
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11:39:27 PM UTC
SquawkNews
Hudson Pacific Properties will purchase $100M of 2027 notes at $980 and $100M of 2028 notes at $991.25 after an oversubscribed $200M cash tender; proration ~35.1% (2027) and ~39.9% (2028). Settlement expected around Oct 14, funded with $95M cash and $105M revolver.Material DetailsContext by AI Anal…