Posted at 1:03 p.m., Tuesday, September 11, 2007
HRPT Properties selling $250 million of notes
Advertiser Staff
HRPT Properties Trust, a real estate investment trust that is a major O'ahu industrial land owner, said it is selling $250 million of unsecured notes to reduce debt under its revolving credit line.The sale of the 6.65 percent senior notes due 2018 are being managed by Wachovia Securities, Merrill Lynch & Co. and UBS Investment Bank. HRPT Properties has its headquarters in Newton, Mass. and owns office buildings throughout the United States.
