HIGHWOODS PROPERTIES, INC. (NYSE:HIW) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01.
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Entry into a Material Definitive Agreement.
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Operating Partnership), the limited partnership through which
Highwoods Properties, Inc. (the Company) conducts its operations,
completed a public offering of $300,000,000 aggregate principal
amount of the Operating Partnership’s 3.875% Notes due March 1,
2027. The terms of the notes are governed by an indenture, dated as
of December 1, 1996, among the Operating Partnership, the Company,
and U.S. Bank National Association (as successor in interest to
Wachovia Bank, N.A. as merged with and into First Union National
Bank of North Carolina), as trustee, and an officers’ certificate
dated as of February 23, 2017 establishing the terms of the notes.
will mature on March 1, 2027. Interest on the notes will accrue
from February 23, 2017 and will be payable in U.S. dollars
semi-annually in arrears on March 1 and September 1 of each year,
commencing September 1, 2017.
shelf registration statement on Form S-3 (Registration No.
333-215936-01) including the related prospectus dated February 7,
2017, and a prospectus supplement dated February 13, 2017.
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Item 2.03.
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Creation of a Direct Financial Obligation or an Obligation
under an Off-Balance Sheet Arrangement of a Registrant. |
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Item 9.01.
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Financial Statements and Exhibits.
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4.1
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Form of 3.875% Notes due March 1, 2027
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4.2
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Officers’ Certificate Establishing the Terms of the 3.875%
Notes, dated February 23, 2017 |
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Opinion of DLA Piper LLP (US) re legality
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Opinion of DLA Piper LLP (US) re tax matters
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Consent of DLA Piper LLP (US) (included in Exhibits 5 and 8)
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About HIGHWOODS PROPERTIES, INC. (NYSE:HIW)
Highwoods Properties, Inc. is a real estate investment trust. The Company provides leasing, management, development, construction and other customer-related services for its properties and for third-parties. The Company is engaged in the business of operation, acquisition and development of real estate properties. The Company conducts its activities through Highwoods Realty Limited Partnership. The Company provides real estate services to its customers. The Company’s portfolio consists of office properties in Raleigh, Atlanta, Tampa, Nashville, Memphis, Pittsburgh, Richmond and Orlando, office and industrial properties in Greensboro and retail and office properties in Kansas City. The Company operates office, industrial, retail and residential properties. The Company holds interest in approximately 30 million rentable square feet of in-service properties, over 1.5 million rentable square feet of properties under development and approximately 500 acres of development land. HIGHWOODS PROPERTIES, INC. (NYSE:HIW) Recent Trading Information
HIGHWOODS PROPERTIES, INC. (NYSE:HIW) closed its last trading session up +0.36 at 52.29 with 1,008,072 shares trading hands.
