CHICAGO-Equity Office Properties Trust Is selling bonds in an attempt to raise $500 million. The REIT says in a Securities and Exchange Commission filing that it will use the proceeds for general business purposes.

The borrowing will be done by selling EOP InterNotes in $1,000 increments at various interest rates and terms. The first notes being issued are at four- and six-year terms at fixed rates of 4.75% and 5.25%, respectively.

Although the notes are being sold by its operating partnership subsidiary, they are guaranteed by Equity Office Properties Trust, the largest US office REIT with a 123-million-sf portfolio. Banc of America Securities LLC and Incapital LLC are joint lead managers and lead agents for the EOP InterNotes sale.

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