Hudson Pacific accepts $200 million of 2027 and 2028 senior notes in cash tender offer
HPP•Hudson Pacific Properties accepted $100 million each of its 2027 and 2028 senior notes in a cash tender offer capped at $200 million. Settlement is expected around Oct. 14, 2026, funded with $95 million in cash and $105 million in revolver borrowings.
1. Tender offer results
Hudson Pacific Properties accepted $100 million of its 3.950% senior notes due 2027 at $980 per $1,000, with a 35.1% proration factor, and $100 million of its 5.950% senior notes due 2028 at $991.25 per $1,000, with a 39.9% proration factor. The offer expired Oct. 9, 2026, and settlement is expected around Oct. 14, funded with $95 million in cash and $105 million in revolver borrowings.
