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Federal Realty Investment Trust Prices $175 Million Reopening Of Its 2027 Senior Unsecured Notes

Federal Realty Investment Trust is an equity real estate investment trust specializing in the ownership, management, development, and redevelopment of high quality retail assets. Federal Realty's portfolio is located primarily in strategic metropolitan markets in the Northeast, Mid-Atlantic, and California. Federal Realty has paid quarterly dividends to its shareholders continuously since its founding in 1962, and has the longest consecutive record of annual dividend increases in the REIT industry.ROCKVILLE, Md., Dec. 7, 2017 /PRNewswire/ -- Federal Realty Investment Trust (NYSE: FRT) today announced the pricing of its public offering of $175 million aggregate principal amount of 3.25% senior unsecured notes due 2027. The notes were offered at 99.404% of the principal amount with a...