Every 424B that Alexandria Real Estate Eq Inc (ARE) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow ARE and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ARE filings page.
ALEXANDRIA REAL ESTATE EQUITIES, INC. (ARE) is issuing $1,000,000,000 of 7.250% Series A Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2057, fully and unconditionally guaranteed on a subordinated basis by Alexandria Real Estate Equities, L.P. The notes pay 7.250% annually from issuance to February 15, 2032, then reset every five years to the Five-year U.S. Treasury Rate plus 2.889%, with a floor at 7.250%. Interest is payable semi-annually starting February 15, 2027, and the issuer may defer interest for up to five consecutive years, during which additional interest accrues and significant restrictions apply to dividends and pari passu or junior debt payments, other than limited “Permitted REIT Status Dividends.”
The notes are unsecured junior subordinated obligations, ranking below approximately $12.8 billion of existing Senior Debt and effectively junior to secured and subsidiary debt, but senior to equity. ARE expects net proceeds of about $985.3 million, for general corporate purposes including working capital, repayment of borrowings (such as its $5.0 billion unsecured line of credit and about $2.0 billion of commercial paper), and property-related investments. The notes are callable at par during the 90 days before the 2032 reset date and on later interest payment dates, and at specified premiums upon certain tax or rating agency events. No exchange listing is planned, so trading liquidity may be limited.
Alexandria Real Estate Equities, Inc. is offering Series A Fixed-to-Fixed Reset Rate Junior Subordinated Notes due 2057, fully and unconditionally guaranteed on a subordinated basis by Alexandria Real Estate Equities, L.P. The notes bear a fixed rate to 2032, then reset every five years to the Five-year U.S. Treasury Rate plus a spread, with a floor at the initial rate. Interest is payable semi-annually and may be deferred, at Alexandria’s option, for up to five consecutive years per Optional Deferral Period, during which additional interest accrues and significant restrictions apply to dividends, junior debt payments and certain guarantees, other than a defined Permitted REIT Status Dividend.
The notes are unsecured junior subordinated obligations, ranking junior to approximately $12.8 billion of Senior Debt as of June 30 2026, effectively junior to secured and subsidiary debt, and senior only to equity. They are redeemable at Alexandria’s option around the first reset date, on later interest payment dates, and in full following specified Tax Events or Rating Agency Events. No stock-exchange listing is planned. Net proceeds are intended for general corporate purposes, including working capital, repayment or reduction of borrowings under a $5.0 billion unsecured senior line of credit, a $2.5 billion commercial paper program (with $2.0 billion outstanding at a 4.17% weighted-average yield as of June 30 2026), other debt repayment, and selective property investment.
Alexandria Real Estate Equities, Inc. is offering $750,000,000 principal amount of 5.25% senior notes due 2036, fully and unconditionally guaranteed by Alexandria Real Estate Equities, L.P. The notes pay interest semi-annually each March 15 and September 15, starting September 15, 2026, and mature on March 15, 2036.
The notes are senior unsecured obligations, ranking equally with the company’s other senior unsecured debt and effectively subordinated to secured debt and liabilities of subsidiaries other than the guarantor. Alexandria may redeem the notes at its option, with a make-whole provision before December 15, 2035 and par plus accrued interest thereafter.
Alexandria expects net proceeds of approximately $740.9 million, which it intends to use to repay borrowings under its commercial paper program incurred to fund the repurchase or redemption of up to a specified aggregate amount of outstanding 2050, 2051 and 2052 unsecured senior notes through an ongoing cash tender offer, with any remainder temporarily invested in high-quality short-term securities or used for general corporate purposes.
Alexandria Real Estate Equities, Inc., a life science-focused REIT, is offering a new series of senior unsecured notes fully and unconditionally guaranteed by Alexandria Real Estate Equities, L.P. The notes rank equally with the company’s existing senior unsecured debt and are structurally subordinated to secured and subsidiary obligations.
Alexandria expects to use the net proceeds to repay borrowings under its commercial paper program that were incurred to fund a cash tender offer for certain existing unsecured senior notes due 2050, 2051 and 2052, up to an Aggregate Maximum Tender Amount tied to that offer. As of December 31, 2025, there was $850,000,000 of 2051 Notes, $1,000,000,000 of 2052 Notes and $700,000,000 of 2050 Notes outstanding, and $353.2 million outstanding under the commercial paper program.
The company has received tenders of approximately $1.331 billion of these notes as of the early participation date and has increased the Aggregate Maximum Tender Amount to accept all such notes. Key risks include higher leverage, effective subordination to secured and subsidiary liabilities, interest rate and market value sensitivity, covenant constraints, potential early redemption of the new notes, and dependence on cash flows to service debt.