LOS ANGELES—Hudson Pacific Properties, Inc. has commenced an underwritten public offering of 7,500,000 shares of common stock pursuant to an effective shelf registration statement previously filed with the Securities and Exchange Commission. The company intends to grant the underwriters a 30-day option to purchase up to an additional 1,125,000 shares at the public offering price, less the underwriting discount.
The company intends to contribute the net proceeds from this offering to its operating partnership, which will subsequently use the net proceeds to fund development or redevelopment activities, fund potential acquisition opportunities, repay borrowings outstanding under its unsecured revolving credit facility and for general corporate purposes.
BofA Merrill Lynch, Wells Fargo Securities, Barclays and Morgan Stanley are the joint book-running managers for the offering. KeyBanc Capital Markets is a lead manager for the offering.
A registration statement relating to these securities has been filed with, and declared effective by, the Securities and Exchange Commission. This offering is being made pursuant to a prospectus supplement to the Company’s prospectus, dated July 21, 2011, filed as part of the Company’s effective shelf registration statement relating to these securities.
A copy of the preliminary prospectus supplement and accompanying prospectus relating to these securities can be obtained by contacting BofA Merrill Lynch, 222 Broadway, New York, NY 10038, Attn: Prospectus Department or email email@example.com; or Wells Fargo Securities, Attention: Equity Syndicate Department, 375 Park Avenue, New York, New York 10152, or by calling (800) 326-5897 or e-mail a request to firstname.lastname@example.org; or Barclays, Attention: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, or by calling 1-888-603-5847, or by email at email@example.com; or Morgan Stanley, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014, or by calling (866) 718-1649, or by email at firstname.lastname@example.org; or KeyBanc Capital Markets, Attention: Prospectus Delivery Department, 127 Public Square, 4th Floor, Cleveland, OH 44114, or by calling (800) 859-1783.