Item 8.01 Other Events.
On February 20, 2019, Hudson Pacific Properties, L.P. entered into an underwriting agreement with Merrill Lynch, Pierce, Fenner & Smith Incorporated, Wells Fargo Securities, LLC and U.S. Bancorp Investments, Inc., as representatives of the several underwriters named in the underwriting agreement with respect to an underwritten public offering of $350,000,000 aggregate principal amount of its 4.650% Senior Notes due 2029 (the “Notes”), which are to be fully and unconditionally guaranteed by Hudson Pacific Properties, Inc.
The closing of the sale of the Notes is expected to occur on February 27, 2019, subject to the satisfaction of customary closing conditions. The Notes will be issued pursuant to a base indenture, dated as of October 2 2017, by and among Hudson Pacific Properties, L.P., as issuer, Hudson Pacific Properties, Inc., as guarantor, and U.S. Bank National Association, as trustee, to be supplemented by a second supplemental indenture, to be dated as of the closing date, which will be filed with the Securities and Exchange Commission on a subsequent Current Report on Form8-K.
The Notes are being offered pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission on March 15, 2018 (RegistrationNos. 333-223692 and333-223692-01), a base prospectus, dated March 15, 2018, included as part of the registration statement, and a prospectus supplement, dated February 20, 2019, filed with the Securities and Exchange Commission pursuant to Rule 424(b) under the Securities Act of 1933, as amended.
The foregoing description of the underwriting agreement is qualified in its entirety by the underwriting agreement attached as Exhibit 1.1 to this Current Report onForm 8-K and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
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Exhibit Number | | Description |
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1.1 | | Underwriting Agreement, dated February 20, 2019, among Hudson Pacific Properties, L.P., Hudson Pacific Properties, Inc. and Merrill Lynch, Pierce, Fenner & Smith Incorporated, Wells Fargo Securities, LLC and U.S. Bancorp Investments, Inc., as representatives of the several underwriters named therein. |