Highwoods Realty LP, founded in 1994 and headquartered in Raleigh, North Carolina, is a premier real estate investment trust (REIT) focused on the ownership, development, and operation of office properties in the Southeastern and Mid-Atlantic regions of the United States. The company emphasizes creating and managing high-quality office spaces, which are strategically located in key markets to attract a diverse tenant base.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| HIW 2.60% 2031-02-01 USDHighwoods Realty LP | United States | 2031-02-01 | 2.600 | 4.95 |
| HIW 3.05% 2030-02-15 USDHighwoods Realty LP | United States | 2030-02-15 | 3.050 | 4.82 |
| HIW 3.88% 2027-03-01 USDHighwoods Realty LP | United States | 2027-03-01 | 3.875 | 4.50 |
| HIW 4.13% 2028-03-15 USDHighwoods Realty LP | United States | 2028-03-15 | 4.125 | 4.45 |
| HIW 4.20% 2029-04-15 USDHighwoods Realty LP | United States | 2029-04-15 | 4.200 | 4.59 |
| HIW 7.65% 2034-02-01 USDHighwoods Realty LP | United States | 2034-02-01 | 7.650 | 5.35 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Highwoods Realty LP began issuing bonds in the early 2000s, expanding its financing options to support growth and acquisitions. Notably, in 2021, the company issued $300 million in senior unsecured notes with a yield of 3.2%, which were used to refinance existing debt and enhance liquidity. The average current yield of its bonds is competitive, standing at approximately 4.0%, slightly below the industry average. With bonds offering flexible maturities and some featuring call options, Highwoods continues to strategically position itself in the capital markets. Recent news highlighted the company's plans to utilize proceeds from its bond issuances for future expansions, reflecting a commitment to growth amidst evolving market conditions.