Alexandria Real Estate Equities Enters Material Agreement

TL;DR

ARE signed a big deal, expect financial obligations.

AI Summary

Alexandria Real Estate Equities, Inc. (ARE) entered into a material definitive agreement on February 13, 2025. This agreement also created a direct financial obligation for the registrant. The filing includes financial statements and exhibits related to this event.

Why It Matters

This filing indicates a significant new financial commitment or partnership for Alexandria Real Estate Equities, which could impact its future financial performance and strategic direction.

Risk Assessment

Risk Level: medium — Entering into material definitive agreements and direct financial obligations can introduce new financial risks and opportunities that require careful evaluation.

Key Players & Entities

• Alexandria Real Estate Equities, Inc. (company) — Registrant
• February 13, 2025 (date) — Date of earliest event reported

FAQ

Key Financial Figures

• $550,000,000 — s, Inc. (the "Company") issued and sold $550,000,000 aggregate principal amount of the Compa

Filing Documents

• tm256323d1_8k.htm (8-K) — 35KB
• tm256323d1_ex4-1.htm (EX-4.1) — 410KB
• tm256323d1_ex4-2.htm (EX-4.2) — 265KB
• tm256323d1_ex5-1.htm (EX-5.1) — 17KB
• tm256323d1_ex5-2.htm (EX-5.2) — 17KB
• tm256323d1_ex8-1.htm (EX-8.1) — 19KB
• tm256323d1_ex5-1img001.jpg (GRAPHIC) — 27KB
• tm256323d1_ex5-1img002.jpg (GRAPHIC) — 6KB
• tm256323d1_ex5-2img001.jpg (GRAPHIC) — 7KB
• tm256323d1_ex8-1img001.jpg (GRAPHIC) — 9KB
• 0001104659-25-012974.txt ( ) — 1149KB
• are-20250213.xsd (EX-101.SCH) — 3KB
• are-20250213_lab.xml (EX-101.LAB) — 33KB
• are-20250213_pre.xml (EX-101.PRE) — 22KB
• tm256323d1_8k_htm.xml (XML) — 3KB

01 Entry Into a Material Agreement

Item 1.01 Entry Into a Material Agreement On February 13, 2025, Alexandria Real Estate Equities, Inc. (the "Company") issued and sold $550,000,000 aggregate principal amount of the Company's 5.50 % Senior Notes due 2035 (the "Notes") in a registered public offering pursuant to an effective shelf registration statement on Form S-3 on file with the Securities and Exchange Commission. The Notes are governed by the terms of an Indenture, dated as of February 13, 2025 (the "Base Indenture"), by and among the Company, as issuer, Alexandria Real Estate Equities, L.P., as guarantor (the "Guarantor"), and U.S. Bank Trust Company, National Association , as trustee (the "Trustee"), as supplemented by Supplemental Indenture No. 1, dated as of February 13, 2025 (the "First Supplemental Indenture" and, together with the Base Indenture, the "Indenture"), by and among the Company, the Guarantor and the Trustee. The Notes bear interest at a rate of 5.50% per year, from and including February 13, 2025 or the most recent interest payment date to which interest has been paid, and are payable semi-annually in arrears on April 1 and October 1 of each year, beginning on October 1, 2025. The Notes mature on October 1, 2035. The Notes are fully and unconditionally guaranteed on a senior basis by the Guarantor (the "Guarantee"), are the unsecured senior obligations of the Company and rank equally with the Company's existing and future unsecured senior indebtedness. The Company has the option to redeem all or a part of the Notes at any time or from time to time. Before July 1, 2035, the redemption price for the Notes will equal the sum of (i) 100% of the principal amount of the Notes being redeemed, (ii) accrued and unpaid interest thereon, if any, to, but excluding, the date of the redemption, and (iii) a make-whole amount. On or after July 1, 2035, the redemption price for the Notes will be equal to the sum of 100% of the principal amount of the Notes being redeemed, plus accrued and

03 Creation of a Direct Financial Obligation or an Obligation under

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant The information provided in Item 1.01 of this Current Report on Form 8-K pertaining to the Notes and the Indenture is incorporated by reference into this Item 2.03.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (d) Exhibits 4.1 Indenture, dated as of February 13, 2025, among Alexandria Real Estate Equities, Inc., Alexandria Real Estate Equities, L.P. and U.S. Bank Trust Company, National Association, as trustee. 4.2 Supplemental Indenture No. 1, dated as of February 13, 2025, by and among Alexandria Real Estate Equities, Inc., Alexandria Real Estate Equities, L.P. and U.S. Bank Trust Company, National Association , as trustee. 4.3 Form of 5.50% Senior Note due 2035 (included in Exhibit 4.2 above). 5.1 Opinion of Venable LLP. 5.2 Opinion of Morrison & Foerster LLP. 8.1 Tax Opinion of Morrison & Foerster LLP. 23.1 Consent of Venable LLP (included in opinion filed as Exhibit 5.1 ). 23.2 Consent of Morrison & Foerster LLP (included in opinion filed as Exhibit 5.2 ). 23.3 Consent of Morrison & Foerster LLP (included in opinion filed as Exhibit 8.1 ). 104.1 Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ALEXANDRIA REAL ESTATE EQUITIES, INC. Date: February 13, 2025 By: /s/ Marc E. Binda Marc E. Binda Chief Financial Officer and Treasurer

View Full Filing

View this 8-K filing on SEC EDGAR