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Boston Ppties issues $113M more notes


Published : Fri, 02 Feb 2007 01:03
By : Agencies
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BOSTON (AFX) - Real estate investment trust Boston Properties Inc. said Thursday that participants in the company's $750 million senior note offering have decided to purchase an additional $112.5 million shares, under an over-allotment option.

The company currently expects net proceeds of the offering to total $840 million.

Shares of Boston Properties Inc. fell $2.09 to $124 in after-hours trading Thursday, following an earlier close at $126.09 on New York Stock Exchange.

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 This material may not be published, broadcast, rewritten, or redistributed.

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