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ERP Operating Limited Partnership 4.5% 01-JUL-2044

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Overview
Analysis

Key terms


Outstanding amount
‪750.00 M‬USD
Face value
1,000.00USD
Minimum denomination
1,000.00USD
Coupon
4.50% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
5.83%
Maturity date
Jul 1, 2044
Term to maturity
19 years

About ERP Operating Limited Partnership 4.5% 01-JUL-2044


Issuer
ERP Operating LP
Sector
Finance
Industry
Real Estate Investment Trusts
Issue date
Jun 19, 2014
FIGI
BBG006NBCN39
ERP Operating LP engages in the acquisition, development, and management of rental apartment properties located in urban and high-density suburban communities. It also utilizes technology and other innovative methods of engagement with residents to foster relationships and community while improving the resident experience. The company was founded in May 1993 and is headquartered in Chicago, IL.
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