Corporate Office Properties Trust Prices $300M Of Its 5.25% Exchangeable Senior Notes Due 2028
Portfolio Pulse from Benzinga Newsdesk
Corporate Office Properties Trust (OFC) has priced $300 million of its 5.25% exchangeable senior notes due 2028.
September 08, 2023 | 6:27 am
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OFC has priced $300 million of its 5.25% exchangeable senior notes due 2028. This could potentially increase the company's liquidity.
The pricing of $300 million of its 5.25% exchangeable senior notes due 2028 by OFC could potentially increase the company's liquidity. This could be seen as a positive move by investors, potentially leading to a short-term increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100