Cases & Deals

DDR completes $350 million registered public offering of Senior Notes

Clients DDR Corp.

Jones Day represented DDR Corp., a self-administered and self-managed real estate investment trust, in connection with its registered public offering of $350 million aggregate principal amount of 3.900% Senior Notes due 2024. DDR intends to use the net proceeds from the offering of the notes to redeem all $300 million aggregate principal amount (plus the make-whole amount) of its 7.875% Notes due 2020 and to use any additional net proceeds for general corporate purposes.

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