Cousins Properties sells $500 million of 4.875% senior notes due 2033
Cousins Properties' operating partnership issued $500 million of 4.875% senior notes maturing March 1, 2033, guaranteed by the company. Proceeds will mainly repay part of the borrowings under its credit facility, which were partly used to buy the 300 South Tryon office property in Charlotte. This is a debt financing rather than an equity issuance, and the filing does not state a change in earnings or guidance.
Key points
- $500 million aggregate principal of 4.875% senior notes due March 1, 2033, issued February 20, 2026
- Interest payable semi-annually on March 1 and September 1, starting September 1, 2026
- Net proceeds to repay part of credit facility borrowings, with any remainder for general corporate purposes
- Indenture requires total unencumbered assets of at least 150% of total unsecured debt
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:00 AM ET, from the text of the filing and its press-release exhibits 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 February 20, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.