Curbline Properties prices $200 million of senior unsecured notes due 2031 and 2033
Curbline Properties Corp. and its operating partnership agreed to sell $200 million of senior unsecured notes to institutional investors in a private placement. The notes carry fixed rates of 4.90% and 5.13%, and treasury locks set effective rates of 5.06% and 5.31%. Proceeds are intended for general corporate purposes, including future acquisitions.
Key points
- Total of $200 million: $50 million of 4.90% notes due January 20, 2031 and $150 million of 5.13% notes due January 20, 2033
- Effective interest rates after treasury locks: 5.06% (2031 notes) and 5.31% (2033 notes)
- Closings scheduled for December 31, 2025 ($28.0 million) and January 20, 2026 ($22.0 million of 2031 notes and all 2033 notes)
- Company guarantees the notes; covenants include maximum total leverage and minimum interest coverage ratios
The filing
Written by AI on Nov 8, 2026, 1:39 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 12, 2025.
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