Bxp
Other Events, Financial Statements
Event Type
descriptionEvent Description
Item 8.01. Other Events expand_more
Event Description
Item 8.01. Other EventsOn August 31, 2026, Boston Properties Limited Partnership, the operating partnership of BXP, Inc., completed the issuance and sale of $700.0 million aggregate principal amount of its 6.050% Senior Notes due 2036 pursuant to an underwriting agreement dated August 17, 2026, with J.P. Morgan Securities LLC, BBVA Securities Inc., BNY Mellon Capital Markets, LLC, PNC Capital Markets LLC, TD Securities (USA) LLC, U.S. Bancorp Investments, Inc., and Wells Fargo Securities, LLC acting as representatives of the underwriters. Net proceeds, after underwriting discounts and estimated transaction expenses, are estimated at approximately $692.4 million. The Partnership intends to use the net proceeds, together with available cash and/or borrowings under its unsecured revolving line of credit, to redeem or repay the $1.0 billion aggregate principal amount of its 2.750% Senior Notes due 2026 scheduled to mature on October 1, 2026; pending such use, it may repay other debt, including amounts outstanding under the revolving credit line, and/or invest the proceeds in short-term, interest-bearing deposit accounts. The Notes were issued under the indenture dated December 13, 2002 with The Bank of New York Mellon Trust Company, N.A., as supplemented by Supplemental Indenture No. 27 dated August 31, 2026, and were registered under a Form S-3 registration statement (File No. 333-294080-01), with a prospectus supplement filed August 18, 2026; the Underwriting Agreement, Supplemental Indenture No. 27, the form of the Notes, and the legality opinion and consent of Goodwin Procter LLP are filed as Exhibits 1.1, 4.1, 4.2, 5.1, and 23.1, respectively.
Original SEC Filing Text expand_more
descriptionEvent Description
Item 9.01. Financial Statements expand_more
Event Description
Item 9.01. Financial StatementsItem 9.01(d) lists exhibits filed herewith: Exhibit 1.1, an Underwriting Agreement dated August 17, 2026 among Boston Properties Limited Partnership and J.P. Morgan Securities LLC, BBVA Securities Inc., BNY Mellon Capital Markets, LLC, PNC Capital Markets LLC, TD Securities (USA) LLC, U.S. Bancorp Investments, Inc. and Wells Fargo Securities, LLC, as representatives of the underwriters named in Schedule II; Exhibit 4.1, Supplemental Indenture No. 27 dated as of August 31, 2026 between Boston Properties Limited Partnership and The Bank of New York Mellon Trust Company, N.A., as Trustee; and Exhibit 4.2, the Form of 6.050% Senior Notes due 2036 (attached as Exhibit A to Supplemental Indenture No. 27). Additional exhibits are 5.1 (opinion of Goodwin Procter LLP as to legality of the securities being registered), 23.1 (consent of Goodwin Procter LLP), Inline XBRL taxonomy extension documents (101.SCH, 101.LAB, 101.PRE, 101.DEF), and 104 (Cover Page Interactive Data File). The report was signed on August 31, 2026 by Michael E. LaBelle, Executive Vice President, Chief Financial Officer and Treasurer, on behalf of BXP, Inc. and on behalf of Boston Properties Limited Partnership by BXP, Inc., its general partner.