The Salesforce Tower project in San Francisco is expected to receive financing from the green bonds offering. The Salesforce Tower project in SanFrancisco is expected to receive financing from the green bondsoffering.

BOSTON—Boston Properties Inc. has priced a $1-billion offeringof senior unsecured notes and has earmarked proceeds, which areprojected to be more than $988 million, to finance or refinance itsexisting or planned green projects nationwide.

The company reports that its operating partnership, BostonProperties Limited Partnership has agreed to sell $1 billion of4.500% senior unsecured notes due 2028 in an underwritten publicoffering.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.