HHH

Hudson Pacific Properties, L.P. 3.25% 15-JAN-2030

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Overview
Analysis

HPP4889300 analysis



Key facts


Issuer
Hudson Pacific Properties LP
Issue date
Oct 3, 2019
Maturity date
Jan 15, 2030
Outstanding amount
‪400.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
3.25% (Fixed)
Yield to maturity
15.98%
Hudson Pacific Properties, Inc. is a full-service, vertically integrated real estate company focused on owning, operating and acquiring high-quality office properties and state-of-the-art media and entertainment properties in select growth markets primarily in the Pacific Northwest and Northern and Southern California. The Company's strategic investment program targets high barrier-to-entry, in-fill locations with favorable, long-term supply-demand characteristics in select target markets, including Los Angeles, San Diego, San Francisco and Seattle. The Company's portfolio currently consists of approximately 6.3 million square feet, not including undeveloped land that the Company believes can support an additional 1.8 million square feet. The Company has elected to be taxed as a real estate investment trust, or REIT, for federal income tax purposes. Hudson Pacific Properties is a component of the Russell 2000® and the Russell 3000® indices.
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