AI brief of an SEC Form 8-K · Highwoods Properties (HIW)

Highwoods Properties sells $350 million of 7.65% notes due 2034; adds board member

Neutral Impact 3 of 5 financing Written later

Highwoods Realty Limited Partnership, the operating partnership of Highwoods Properties, completed a public offering of $350 million of 7.65% notes due February 1, 2034. The company also said Candice W. Todd was elected to its board, effective January 30, 2024. The notes add $350 million of debt for the operating partnership, and the filing does not state how the proceeds will be used.

Key points

  • $350 million aggregate principal of 7.65% notes due February 1, 2034, issued November 21, 2023
  • Interest payable semi-annually on February 1 and August 1, starting August 1, 2024
  • Candice W. Todd, 58, elected to the board on November 16, 2023, effective January 30, 2024, and will serve on the audit committee

The filing

CompanyHighwoods Properties (HIW)
Form8-K, current report
Filed with the SECNov 21, 2023, 4:06 PM ET
Accession number0000921082-23-000059

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:38 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 21, 2023.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.