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DDR issues $300 million of 3.375% Notes in public offering

May 2013

Client(s) DDR Corp.

Jones Day represented DDR Corp., a self-administered and self-managed real estate investment trust, in connection with its issuance of $300 million of 3.375% Notes due 2023 in a public offering, underwritten by UBS Securities LLC; RBS Securities Inc.; U.S. Bancorp Investments, Inc.; Jefferies LLC; Scotia Capital (USA) Inc.; and several other institutional banks.

DDR Corp. expects to use substantially all net proceeds from the offering to fund part of the cash costs in connection with its acquisition of a portfolio of prime shopping centers from an existing joint venture with Blackstone Real Estate Partners VII.

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