Tuesday, October 19, 2010
ATLANTA, GA--(BUSINESS WIRE)-- Post Apartment Homes, L.P., the operating subsidiary of Post Properties, Inc. (NYSE: PPS), has priced a public offering of $150 million aggregate principal amount of senior unsecured notes due 2017.
The notes will bear interest at a rate of 4.75% and are being offered to investors at a price of $998.59 per $1,000 in principal amount. The closing of the offering is scheduled to occur on October 18, 2010, subject to customary closing conditions.
Contact: Post Properties, Inc., Chris Papa, 404-846-5000