Alexandria Real Estate Equities Starts Public Offering of Senior Notes
Overview
On February 10, 2026, Alexandria Real Estate Equities, Inc. (NYSE: ARE) declared its intention to initiate an underwritten public offering of senior notes, contingent upon market conditions. This offering is expected to bolster the company’s financial strength and operational flexibility.
Details of the Offering
The offering will be managed by a consortium of leading financial institutions, including Citigroup Global Markets Inc., BofA Securities, Inc., J.P. Morgan Securities LLC, Scotia Capital (USA) Inc., and TD Securities (USA) LLC. The senior notes will be unsecured commitments by Alexandria Real Estate Equities and fully guaranteed by its wholly-owned subsidiary, Alexandria Real Estate Equities, L.P.
Intended Use of Proceeds
The proceeds from this public offering will primarily be allocated toward repaying a portion of the Company’s borrowings under its commercial paper program. This is in connection with the repurchase or redemption of certain series of its outstanding senior unsecured notes through a previously announced cash tender offer. If not immediately utilized for these purposes, the net proceeds may be invested in high-quality short-term securities or held for general working capital.
Regulatory Compliance
This offering is facilitated under an effective registration statement on Form S-3 filed with the Securities and Exchange Commission (SEC). The press release does not constitute an offer to sell or solicit offers to buy any securities of the Company, including the senior notes. Notably, sales will not be conducted in states where such offers or sales are deemed unlawful prior to the requisite state registration or qualification under state securities laws.
Prospectus Availability
For interested parties, copies of the prospectus supplement related to this offering will be available from the underwriting banks. Queries can be directed to:
- - Citigroup Global Markets: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Tel: 1-800-831-9146
- - BofA Securities: 201 North Tryon Street, Charlotte, NC 28255-0001, Email: [email protected]
- - J.P. Morgan Securities: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, Email: [email protected]
- - Scotia Capital: 250 Vesey Street, New York, NY 10281, Tel: 1-800-372-3930
- - TD Securities: Tel: 1-855-495-9846
About Alexandria Real Estate Equities
Founded in 1994 and now a member of the S&P 500®, Alexandria Real Estate is an innovative REIT dedicated to the life sciences sector. The company has become a pioneer in the life science real estate niche, focusing on the development of collaborative Megacampus™ ecosystems within premier life science innovation hubs, including Greater Boston, San Francisco, San Diego, Seattle, and New York City.
Forward-Looking Statements
This announcement includes forward-looking statements that encompass Alexandria’s goals regarding the offering and its intended use of proceeds. These statements rely on current expectations and beliefs and are not guarantees of performance or outcomes. Actual results could diverge significantly due to various factors, including market uncertainty and company-specific risks. Investors should refer to the most recent filings with the SEC for a more detailed discussion on potential risks.
Contact Information
For further inquiries, please contact Joel Marcus, Executive Chairman and Founder, at (626) 578-0777 or via email at [email protected].