Alexandria Real Estate Equities, Inc. has announced the commencement of an underwritten public offering of senior notes. The notes will be unsecured obligations of the company and fully and unconditionally guaranteed by Alexandria Real Estate Equities, L.P., its indirectly 100% owned subsidiary. Proceeds from the offering are expected to be used to repay a portion of borrowings under the company’s commercial paper program that were incurred in connection with the repurchase or redemption of certain series of its outstanding senior unsecured notes through a previously announced cash tender offer. Pending use, the net proceeds may be temporarily invested in high-quality short-term securities or used for general corporate purposes. The value of the issuance(s) was not specified in the announcement.

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