FWP 1 a07-23250_3fwp.htm FWP

Issuer Free Writing Prospectus
Filed Pursuant to Rule 433
Registration Statement No. 333-136173-01
September 6, 2007

Duke Realty Limited Partnership
$300,000,000
10-year Fixed Rate Notes due January 15, 2018

Issuer:

Duke Realty Limited Partnership

Rating:

Baa1/BBB+/BBB+ (stable/stable/negative)

Securities:

Senior unsecured

Format:

SEC-Registered

Principal Amount:

$300,000,000

Settlement Date:

September 11, 2007

Maturity Date:

January 15, 2018

Treasury Benchmark:

10-year US Treasury Note (4.75% due August 15, 2017)

Treasury Yield:

4.500% (price of 101-31+)

Reoffer Spread:

+205 bps

Reoffer Yield:

6.550%

Reoffer Price:

99.640%

Coupon Rate:

6.500% per annum (payable semi-annually)

Interest Payment Dates:

January 15 and July 15, beginning January 15, 2008

Optional Redemption:

Make-Whole at T+35 bps

Denominations:

$1,000 x $1,000

CUSIP:

26441Y AQ0

ISIN:

US26441YAQ08

Joint Bookrunners:

JPMorgan/ Morgan Stanley/ UBS Investment Bank

Co-managers:

Deutsche Bank Securities/ RBS Greenwich Capital

 

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling J.P. Morgan Securities Inc. collect at 1-212-834-4533, Morgan Stanley & Co. Incorporated toll-free at 1-866-718-1649 or UBS Securities LLC toll-free at 1-888 722-9555, ext. 1088.