Boyd Watterson Closed $100 Million of Senior Notes
|Deal Type||Private Placement|
4.64% Senior Notes due 2027
|Client & Transactional Partners||Boyd Watterson||Our Role||Sole Placement Agent|
On February 27, 2019, Boyd Watterson GSA REIT (the “Company”) completed a private placement of $100 million principal amount of senior unsecured notes (the “Notes”). The transaction was completed in a single 8-year tranche for a coupon of 4.64%. The net proceeds from the issuance of the Notes will be used to repay borrowings under the revolving credit facility and for general corporate purposes.
KeyBanc Capital Markets (“KBCM”) served as Sole Placement Agent on the transaction. The financing follows KBCM serving as Sole Placement Agent on the Company’s inaugural private placement of $200 million senior unsecured notes in January 2018.