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Essex Portfolio, L.P. issued $350 million in 4.875% senior notes due 2036, resulting in net proceeds of approximately…

ESSEssex Property Trust, Inc.

Essex Portfolio, L.P. issued $350 million in 4.875% senior notes due 2036, resulting in net proceeds of approximately $344.2 million. The company intends to use the proceeds to repay upcoming debt maturities, including a portion of its $450 million 3.375% senior notes due in April 2026, as well as for general corporate purposes and potential acquisitions.

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