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Yep, they pulled it off. They plan to close on August 11. DRE sold 250 million 7.375% UNSECURED notes due 2015 and 250 million 8.25 notes due 2019.
The company says the net proceeds go to debt reduction. I now suggest to you that this company will have no problem with any financing in the future. What does that mean to you? Rating :
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