Cousins Properties Prices $500 Million Senior Unsecured Notes Offering

Reuters
02/11
Cousins Properties Prices $500 Million Senior Unsecured Notes Offering

Cousins Properties Inc. has announced the pricing of a $500 million aggregate principal amount of 4.875% senior unsecured notes due 2033, issued at 99.259% of the principal amount. The offering is expected to close on February 20, 2026, subject to customary closing conditions. The company plans to use the net proceeds to repay a portion of borrowings under its credit facility, partially incurred for the acquisition of 300 South Tryon in Charlotte, with any remaining funds allocated to working capital, capital expenditures, and general corporate purposes, which may include repayment of other outstanding indebtedness. The notes will be fully and unconditionally guaranteed on a senior unsecured basis by the company. J.P. Morgan, BofA Securities, Morgan Stanley, and PNC Capital Markets LLC are acting as joint book-running managers. View original content:https://www.prnewswire.com/news-releases/cousins-properties-announces-pricing-of-senior-notes-offering-302684298.html

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. Cousins Properties Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CL85199) on February 10, 2026, and is solely responsible for the information contained therein.

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