ABC Money
Home

Boston Properties $750M offering priced


Published : Thu, 01 Feb 2007 17:30
By : Agencies
Print this Story

AddThis Social Bookmark Button

BOSTON (AFX) - Real estate investment trust Boston Properties Inc. said Thursday a $750 million exchangeable senior note offering was priced with a 2.875 percent coupon.

The notes are due 2037.

An additional $112.5 million may be issued to cover over-allotments within 30 days.

Proceeds from the offering, which are expected to total $730.4 million, may be used to acquire assets, for development opportunities and to repay debt.

Shares of Boston Properties were down $2.05 at $124.04 in morning trading on the New York Stock Exchange.

Copyright 2006 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Share on


 You Might Like
Boston Properties posts stronger 4Q
Meruelo Maddux prices IPO at $10 a share
+
N.Y. Times takes $814M charge on Globe
Correction: Double Eagle stock offer

Comment on this Article
Comment:
Title:
Name:
Please Enter
 
Here
  

 Search News

 Look For
Business
Credit cards
Finance
Loans
Money
Mortgages

 
 Stock Quotes *
SYMBOL
LAST
CHANGE
DOW JONES
8952.89
-81.80 ( -0.91 %)
NASDAQ
1628.03
-4.18 ( -0.26 %)
FTSE 100
4579.64
+17.85 ( 0.39 %)

SYMBOL ( 2009-01-05 )
LAST
CHANGE
CAIRN ENERGY ( 11:35am )
2142.00
+85.00 ( 4.07 %)
RECKITT BENCKISER ( 11:35am )
2678.00
+69.00 ( 2.58 %)
LONMIN ( 11:35am )
1079.00
+54.00 ( 5.05 %)
STANDARD CHARTERED ( 11:35am )
922.99
+53.49 ( 5.98 %)
SCOTTISH & SOUTHERN ENERGY ( 11:35am )
1251.00
+47.00 ( 3.86 %)

SYMBOL ( 2009-01-05 )
LAST
CHANGE
BOEING CO ( 4:00pm )
46.17
+0.92 ( 2.02 %)
AMERICAN EXPRESS ( 4:00pm )
19.95
+0.62 ( 3.23 %)
HOME DEPOT INC ( 4:01pm )
24.71
+0.58 ( 2.41 %)
MICROSOFT ( 4:00pm )
20.52
+0.19 ( 0.94 %)
ALTRIA GROUP INC ( 4:02pm )
15.38
+0.18 ( 1.19 %)

SYMBOL ( 2009-01-05 )
LAST
CHANGE
MITSUI & CO LTD ( 4:00pm )
213.99
+7.08 ( 3.35 %)
GOOGLE ( 4:00pm )
328.05
+6.73 ( 2.10 %)
FIRST SOLAR INC ( 4:00pm )
157.80
+6.30 ( 4.22 %)
WYNN RESORTS LTD ( 4:00pm )
52.30
+4.88 ( 10.29 %)
COMM BANCORP INC ( 9:30am )
39.48
+4.47 ( 11.32 %)

Gainers & Losers
Dow Jones
Euro Stoxx 50
FTSE 100
FTSE 250
FTSE AIM
FTSE ALL
Nasdaq

 Portfolio Manager

You must log in to access this area of the site. If you are not a registered user click here to sign up for instant access!

 Finance Explained

Money making ideas

Save money
Money management
Savings accounts
Investing money
Share dealing
Stock broker
Forex currency trading
Pension plans
Functions of Money

(c) 2007 ABCmoney.co.uk, All Rights Reserved
*ABCMoney.co.uk does not guarantee the accuracy of any share prices or stock quotations displayed. These are not real time quotes; all are delayed by at least twenty minutes and are for information purposes only.