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PASADENA, Calif., Feb. 3, 2021 /PRNewswire/ Alexandria Real Estate Equities, Inc. ( Alexandria or the Company ) (NYSE: ARE) today announced that it has priced a public offering of $900,000,000 aggregate principal amount of 2.000% senior notes due 2032 and $850,000,000 aggregate principal amount of 3.000% senior notes due 2051 (the notes ). Goldman Sachs & Co. LLC, BofA Securities, Inc., Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Evercore Group L.L.C., Mizuho Securities USA LLC, RBC Capital Markets, LLC, Scotia Capital (USA) Inc., SMBC Nikko Securities America, Inc., U.S. Bancorp Investments, Inc., Barclays Capital Inc. and BBVA Securities Inc. are acting as joint book-running managers in connection with the public offering and BNP Paribas Securities Corp., Capital One Securities, Inc., Fifth Third Securities, Inc., PNC Capital Markets LLC, Regions Securities LLC, TD Securities (USA) LLC and Truist Securities, Inc. are acti
Operator
Good afternoon, and welcome to the Alexandria Real Estate Equities Fourth Quarter and Year End 2020 Conference Call. [Operator Instructions]
I would now like to turn the conference over to Paula Schwartz. Please go ahead.
Paula Schwartz
Managing Director
Thank you, and good afternoon, everyone. This conference call contains forward-looking statements within the meaning of the federal securities laws. The Company s actual results might differ materially from those projected in the forward-looking statements. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained in the Company s periodic reports filed with the Securities and Exchange Commission.
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PASADENA, Calif., Feb. 3, 2021 /PRNewswire/ Alexandria Real Estate Equities, Inc. ( Alexandria or the Company ) (NYSE: ARE) today announced that it has commenced a cash tender offer for any and all of its outstanding 4.000% Senior Notes due 2024 (CUSIP No. 015271 AM1) (the Notes ) on the terms of, and subject to the conditions set forth in, the Offer to Purchase, dated the date hereof (the Offer to Purchase ) and the related Notice of Guaranteed Delivery attached to the Offer to Purchase (the Notice of Guaranteed Delivery ). The Notes are fully and unconditionally guaranteed by Alexandria Real Estate Equities, L.P. As of February 2, 2021, there was $650,000,000 aggregate principal amount of the Notes outstanding. The tender offer is referred to herein as the Offer. The Offer to Purchase and the Notice of Guaranteed Delivery are referred to herein collectively as the Offer Documents.
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PASADENA, Calif., Feb. 3, 2021 /PRNewswire/ Alexandria Real Estate Equities, Inc. ( Alexandria or the Company ) (NYSE: ARE) today announced that it is commencing an underwritten public offering, subject to market conditions, of two tranches of senior notes (the notes ). Goldman Sachs & Co. LLC, BofA Securities, Inc., Citigroup Global Markets Inc. and J.P. Morgan Securities LLC will act as joint book-running managers in connection with the public offering. The notes will be unsecured obligations of the Company and fully and unconditionally guaranteed by Alexandria Real Estate Equities, L.P., an indirectly 100% owned subsidiary of the Company.
Alexandria Real Estate Equities, Inc. Reveals Gain In Q4 Bottom Line
WASHINGTON (dpa-AFX) - Alexandria Real Estate Equities, Inc. (ARE) revealed earnings for its fourth quarter that increased from last year.
The company s bottom line came in at $435.9 million, or $3.26 per share. This compares with $199.6 million, or $1.74 per share, in last year s fourth quarter.
Analysts had expected the company to earn $0.65 per share, according to figures compiled by Thomson Reuters. Analysts estimates typically exclude special items.
The company s revenue for the quarter rose 13.6% to $463.7 million from $408.1 million last year.
Alexandria Real Estate Equities, Inc. earnings at a glance:
-Earnings (Q4): $435.9 Mln. vs. $199.6 Mln. last year.