FRT · News · 20260806N

Issuance of Exchangeable Senior Notes

FEDERAL REALTY INVESTMENT TRUST · 2026-08-06 · Importance 71 · Surprise 60

Federal Realty OP LP launched a private placement of $400 million of exchangeable senior notes due 2031 on August 6, 2026. Initial purchasers may acquire an additional $60 million of notes. Proceeds are intended for capped call transactions, debt repayment, and general corporate purposes, and the notes may be exchangeable for cash or common shares.

Key facts

• Proceeds from the exchangeable senior notes offering will be used for capped call transactions, debt repayment, and general corporate purposes. source
• The notes are potentially exchangeable for cash or common shares. source