Phillips Edison & Co. Files Prospectus for $350 Million Senior Unsecured Notes Offering

Reuters
2025/06/13
Phillips Edison & Co. Files Prospectus for $350 Million Senior Unsecured Notes Offering

Phillips Edison & Co. Inc. (Nasdaq: PECO), a leading owner and operator of grocery-anchored neighborhood shopping centers, has filed a prospectus with the Securities and Exchange Commission $(SEC.UK)$ for the public offering of $350 million in senior unsecured notes. The notes, due in 2032, carry an interest rate of 5.250% and were priced at 99.832% of the principal amount. The proceeds from this offering, which is expected to settle on June 17, 2025, will be used for general corporate purposes such as repaying debt, acquiring properties, and funding capital expenditures. The offering is being managed by J.P. Morgan, Fifth Third Securities, Mizuho, among others, with Ramirez and Co., Inc. acting as co-manager. The prospectus and additional details are available on the SEC's website.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Phillips Edison & Co. Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9468253-en) on June 13, 2025, and is solely responsible for the information contained therein.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10