Hudson Pacific launches cash tender offer for up to $200 million of 2027 and 2028 senior notes
HPP•Hudson Pacific Properties launched a cash tender offer for up to $200 million of senior notes, targeting $100 million per series. The offer expires Oct. 9, 2026, with settlement expected Oct. 14.
1. Tender offer terms
Hudson Pacific Properties set prices of $980 per $1,000 for its 3.950% senior notes due 2027 and $991.25 per $1,000 for its 5.950% senior notes due 2028. Tenders may be prorated if they exceed the $100 million limit for either series. The company plans to fund the offer with cash on hand or borrowings under its unsecured revolving credit facility.
