Camden Property Trust Prices $600 Million 4.900% Senior Unsecured Notes Due 2036
HOUSTON--(BUSINESS WIRE)--Camden Property Trust (NYSE:CPT) today announced it has priced a $600 million offering of senior unsecured notes under its existing shelf registration. These 10-year notes were issued at 99.936% of par value with a coupon of 4.900%. Interest on the notes is payable semi-annually on February 28 and August 28, with the first payment becoming due and payable on August 28, 2026, and the notes will mature on February 28, 2036. Camden expects to use the net proceeds of appro. ...