Cousins Properties Inc. has announced a significant financing development through its operating partnership, Cousins Properties LP. On June 6, 2025, the partnership issued $500 million in 5.250% Senior Notes due 2030. This issuance was conducted under an indenture agreement involving U.S. Bank Trust Company as trustee and is fully guaranteed by Cousins Properties Inc. The Notes, which will mature on July 15, 2030, with semi-annual interest payments starting January 15, 2026, are part of a strategic move to bolster the company's financial standing. The arrangement includes covenants limiting debt incurrence and asset transactions, ensuring a robust financial structure. This financing effort was facilitated by an underwriting agreement with Wells Fargo Securities, BofA Securities, and TD Securities, among others.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.