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