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Hudson Pacific to redeem outstanding 8.375% series B preferred stock
By Wendy Van Sickle
Columbus, Ohio, Nov. 9 – Hudson Pacific Properties, Inc. plans to redeem all 5.8 million outstanding shares of its 8.375% series B cumulative redeemable preferred stock, according to a notice.
The preferreds will be redeemed Dec. 10 at $25.00 a share plus accrued interest and unpaid dividends of $0.401302 per share.
Hudson Pacific is a Los Angeles-based real estate investment trust focused on office and media and entertainment properties in California.
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