Easterly Government Properties Issues $125 Million in Senior Unsecured Notes
Easterly Government Properties (NYSE: DEA) has announced a significant debt financing arrangement through a master notes purchase agreement. The company will issue $125 million in senior unsecured notes through its operating partnership on March 20, 2025.
The notes will be issued in two series:
- $25 million Series A Senior Notes at 6.13% interest, maturing March 20, 2030
- $100 million Series B Senior Notes at 6.33% interest, maturing March 20, 2032
The company, which focuses on Class A commercial properties leased to U.S. Government agencies, views this issuance as a demonstration of its market resilience and ability to attract investors during volatile market conditions.
Easterly Government Properties (NYSE: DEA) ha annunciato un'importante operazione di finanziamento tramite un accordo di acquisto di note master. L'azienda emetterà 125 milioni di dollari in note senior non garantite attraverso la sua partnership operativa il 20 marzo 2025.
Le note saranno emesse in due serie:
- 25 milioni di dollari Serie A Note Senior con un interesse del 6,13%, in scadenza il 20 marzo 2030
- 100 milioni di dollari Serie B Note Senior con un interesse del 6,33%, in scadenza il 20 marzo 2032
L'azienda, che si concentra su proprietà commerciali di Classe A affittate a agenzie governative degli Stati Uniti, considera questa emissione come una dimostrazione della sua resilienza di mercato e della capacità di attrarre investitori in condizioni di mercato volatili.
Easterly Government Properties (NYSE: DEA) ha anunciado un importante acuerdo de financiación de deuda a través de un acuerdo de compra de notas maestro. La compañía emitirá 125 millones de dólares en notas senior no garantizadas a través de su asociación operativa el 20 de marzo de 2025.
Las notas se emitirán en dos series:
- 25 millones de dólares en Notas Senior Serie A con un interés del 6,13%, que vencerán el 20 de marzo de 2030
- 100 millones de dólares en Notas Senior Serie B con un interés del 6,33%, que vencerán el 20 de marzo de 2032
La compañía, que se centra en propiedades comerciales de Clase A arrendadas a agencias gubernamentales de EE. UU., ve esta emisión como una demostración de su resiliencia en el mercado y su capacidad para atraer inversores en condiciones de mercado volátiles.
Easterly Government Properties (NYSE: DEA)는 마스터 노트 구매 계약을 통해 중요한 부채 금융 거래를 발표했습니다. 이 회사는 2025년 3월 20일에 운영 파트너십을 통해 1억 2500만 달러의 고급 무담보 노트를 발행할 예정입니다.
노트는 두 가지 시리즈로 발행됩니다:
- 2500만 달러 시리즈 A 고급 노트, 이자율 6.13%, 만기일 2030년 3월 20일
- 1억 달러 시리즈 B 고급 노트, 이자율 6.33%, 만기일 2032년 3월 20일
미국 정부 기관에 임대되는 A급 상업용 부동산에 집중하는 이 회사는 이번 발행을 시장의 회복력과 변동성이 큰 시장 조건에서 투자자를 유치할 수 있는 능력을 보여주는 것으로 보고 있습니다.
Easterly Government Properties (NYSE: DEA) a annoncé un accord de financement de dette important par le biais d'un contrat d'achat de notes maître. La société émettra 125 millions de dollars en notes senior non garanties par l'intermédiaire de son partenariat opérationnel le 20 mars 2025.
Les notes seront émises en deux séries :
- 25 millions de dollars en Notes Senior Série A à un taux d'intérêt de 6,13 %, arrivant à échéance le 20 mars 2030
- 100 millions de dollars en Notes Senior Série B à un taux d'intérêt de 6,33 %, arrivant à échéance le 20 mars 2032
La société, qui se concentre sur des propriétés commerciales de Classe A louées à des agences gouvernementales américaines, considère cette émission comme une démonstration de sa résilience sur le marché et de sa capacité à attirer des investisseurs dans des conditions de marché volatiles.
Easterly Government Properties (NYSE: DEA) hat eine bedeutende Schuldenfinanzierungsvereinbarung durch einen Master-Notes-Kaufvertrag angekündigt. Das Unternehmen wird am 20. März 2025 125 Millionen Dollar in unbesicherten Senior-Notes über seine Betriebspartnerschaft ausgeben.
Die Notes werden in zwei Serien ausgegeben:
- 25 Millionen Dollar Serie A Senior-Notes mit einem Zinssatz von 6,13%, fällig am 20. März 2030
- 100 Millionen Dollar Serie B Senior-Notes mit einem Zinssatz von 6,33%, fällig am 20. März 2032
Das Unternehmen, das sich auf Class-A-Gewerbeimmobilien konzentriert, die an US-Regierungsbehörden vermietet werden, betrachtet diese Emission als einen Beweis für seine Marktresilienz und die Fähigkeit, in volatilen Marktbedingungen Investoren anzuziehen.
- Successful debt financing of $125 million demonstrates strong market confidence
- Ability to secure long-term financing with 5 and 7-year maturities
- Attracted both new and existing investors despite market volatility
- Taking on additional debt with relatively high interest rates (6.13% and 6.33%)
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$25 million 6.13% Series A Senior Notes with a maturity date of March 20, 2030; and -
$100 million 6.33% Series B Senior Notes with a maturity date of March 20, 2032.
“Easterly’s ability to issue senior unsecured notes and attract both new and existing investors demonstrates our capacity to thrive in times of market volatility,” said Allison Marino, Easterly’s Chief Financial Officer. “Such resilience not only underscores Easterly’s solid fundamentals but also reinforces its long-term growth potential, financial stability, and ability to earn the trust of investors even in uncertain environments.”
The Senior Notes have not been and will not be registered under the Securities Act of 1933 or the securities laws of any state or other jurisdiction and may not be offered or sold in
About Easterly Government Properties, Inc.
Easterly Government Properties, Inc. (NYSE:DEA) is based in
This press release contains forward-looking statements within the meaning of federal securities laws and regulations. These forward-looking statements are identified by their use of terms and phrases such as “believe,” “expect,” “intend,” “project,” “anticipate,” “position,” and other similar terms and phrases, including references to assumptions and forecasts of future results. Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors which may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made. These risks include, but are not limited to, those risks and uncertainties associated with our business described from time to time in our filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K filed on February 25, 2025. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that the expectations will be attained or that any deviation will not be material. All information in this release is as of the date of this release, and we undertake no obligation to update any forward-looking statement to conform the statement to actual results or changes in our expectations.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250325121367/en/
Easterly Government Properties, Inc.
Lindsay S. Winterhalter
Senior Vice President, Investor Relations & Operations
202-596-3947
IR@easterlyreit.com
Source: Easterly Government Properties, Inc.
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