Issuer: | Cousins Properties LP | ||||
Guarantor: | Cousins Properties Incorporated | ||||
Security Type: | Senior Unsecured Notes | ||||
Principal Amount: | $500,000,000 | ||||
Maturity: | March 1, 2033 | ||||
Coupon: | 4.875% | ||||
Public Offering Price: | 99.259% of the principal amount | ||||
Yield to Maturity: | 5.001% | ||||
Spread to Benchmark Treasury: | T+108 bps | ||||
Benchmark Treasury: | 4.000% due January 31, 2033 | ||||
Benchmark Treasury Price and Yield: | 100-15 1/4 / 3.921% | ||||
Interest Payment Dates: | March 1 and September 1, commencing September 1, 2026 | ||||
Redemption Provisions: | |||||
Make-whole call: | Prior to January 1, 2033 (two months prior to the maturity date), at a discount rate of Treasury plus 20 basis points. | ||||
Par Call: | On or after January 1, 2033 (two months prior to the maturity date), the redemption price will be equal to 100% of the principal amount of the notes being redeemed, plus accrued and unpaid interest thereon to, but not including, the redemption date. | ||||
Trade Date: | February 10, 2026 | ||||
Settlement: | T+7; February 20, 2026. Under Rule 15c6-1 under the Securities Exchange Act of 1934, trades in the secondary market are required to settle in one business day, unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade the notes prior to the first business day preceding the closing date of this offering will be required, by virtue of the fact that the notes initially settle in T+7, to specify an alternate settlement arrangement at the time of any such trade to prevent a failed settlement. | ||||
CUSIP: | 222793AD3 | ||||
ISIN: | US222793AD30 | ||||
Ratings (Moody’s/S&P)*: | Baa2 / BBB | ||||
Minimum Denomination: | $2,000 and integral multiples of $1,000 in excess thereof. | ||||
Joint Book-Running Managers: | J.P. Morgan Securities LLC BofA Securities, Inc. Morgan Stanley & Co. LLC PNC Capital Markets LLC TD Securities (USA) LLC Truist Securities, Inc. U.S. Bancorp Investments, Inc. Wells Fargo Securities, LLC | ||||
Co-Manager: | FHN Financial Securities Corp. | ||||