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ERP Operating Limited Partnership 3.375% 01-JUN-2025

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Analysis

Key terms


Outstanding amount
‪450.00 M‬USD
Face value
1,000.00USD
Minimum denomination
1,000.00USD
Coupon
3.38% (Fixed)
Coupon frequency
Semi-annual
Yield to maturity
5.07%
Maturity date
Jun 1, 2025
Term to maturity
5 months

About ERP Operating Limited Partnership 3.375% 01-JUN-2025


Issuer
ERP Operating LP
Sector
Finance
Industry
Real Estate Investment Trusts
Issue date
May 14, 2015
FIGI
BBG008NT1SC7
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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