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Published on 11/9/2015 in the Prospect News Investment Grade Daily, Prospect News Liability Management Daily and Prospect News Preferred Stock Daily.

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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