Duke Realty – Pricing Terms – $450 Million Senior Unsecured Notes

Monday, 11 January 2021, 23:43:27
INDIANAPOLIS, IN (STL.News) Duke Realty Corporation (NYSE: DRE), a leading industrial property REIT, announced today that its operating partnership, Duke Realty Limited Partnership (the “Operating Partnership”), has priced an underwritten public offering of $450 million of its 1.75% senior unsecured notes due February 1, 2031. The notes were priced at 99.252% of their face amount to yield 1.832% to maturity. The offering is expected to close on January 21, 2021, subject to the satisfaction of customary closing conditions. The Operating Partnership intends to allocate an amount equal to the net proceeds from the offering to finance or refinance, in whole or in part, one or more recently completed or future “Eligible Green Projects,” which may include certain “green buildings,” energy efficiency projects, sustainable water and wastewater management systems, renewable energy projects, clean transportation solutions, and pollution prevention and control. J.P. Morgan Securities LLC acted as Green Structuring Agent to the issuer and joint book-running manager.
— STL.News

Duke Realty Announces 4th Quarter, Revises Full Year 2020

Monday, 7 December 2020, 15:43:46
INDIANAPOLIS, IN (STL.News) Duke Realty Corporation (NYSE: DRE, or the “Company”), the largest domestic-only logistics REIT, today announced significant development transactions since the start of the fourth quarter 2020. As…
— STL.News

Duke Realty Reports Third Quarter 2020 Results

Wednesday, 28 October 2020, 21:03:41
8.5 Percent Increase to Quarterly Dividend 32.1 Percent Growth in Net Effective Rents on Quarterly Leasing Activity Strong Rent Collections and…
— GlobeNewswire

Zacks: Analysts Anticipate Duke Realty Corp (NYSE:DRE) to Post $0.39 Earnings Per Share

Wednesday, 21 October 2020, 13:35:17
Equities research analysts expect Duke Realty Corp (NYSE:DRE) to report earnings of $0.39 per share for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have provided estimates for Duke Realty’s earnings, with the highest EPS estimate coming in at $0.40 and the lowest estimate coming in at $0.38. Duke Realty posted earnings […]
— Zolmax News

Duke Realty (NYSE:DRE) Earns Buy Rating from Analysts at UBS Group

Tuesday, 20 October 2020, 05:04:42
UBS Group initiated coverage on shares of Duke Realty (NYSE:DRE) in a report released on Friday, AnalystRatings.net reports. The brokerage issued a buy rating and a $48.00 price target on the real estate investment trust’s stock. Several other brokerages have also weighed in on DRE. Goldman Sachs Group assumed coverage on shares of Duke Realty […]
— Stock Observer