0001193125-16-670168.txt : 20160803 0001193125-16-670168.hdr.sgml : 20160803 20160803163855 ACCESSION NUMBER: 0001193125-16-670168 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20160803 DATE AS OF CHANGE: 20160803 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: COLUMBIA PROPERTY TRUST OPERATING PARTNERSHIP, L.P. CENTRAL INDEX KEY: 0001525703 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 200068852 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-198764-01 FILM NUMBER: 161804409 BUSINESS ADDRESS: STREET 1: COLUMBIA PROPERTY TRUST STREET 2: 1 GLENLAKE PARKWAY, SUITE 1200 CITY: ATLANTA STATE: GA ZIP: 30328-7267 BUSINESS PHONE: (404)465-2200 MAIL ADDRESS: STREET 1: COLUMBIA PROPERTY TRUST STREET 2: 1 GLENLAKE PARKWAY, SUITE 1200 CITY: ATLANTA STATE: GA ZIP: 30328-7267 FORMER COMPANY: FORMER CONFORMED NAME: Wells Operating Partnership II, L.P. DATE OF NAME CHANGE: 20110713 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: COLUMBIA PROPERTY TRUST, INC. CENTRAL INDEX KEY: 0001252849 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 200068852 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: ONE GLENLAKE PARKWAY STREET 2: SUITE 1200 CITY: ATLANTA STATE: GA ZIP: 30328 BUSINESS PHONE: 4044652200 MAIL ADDRESS: STREET 1: ONE GLENLAKE PARKWAY STREET 2: SUITE 1200 CITY: ATLANTA STATE: GA ZIP: 30328 FORMER COMPANY: FORMER CONFORMED NAME: WELLS REAL ESTATE INVESTMENT TRUST II INC DATE OF NAME CHANGE: 20030708 FWP 1 d399140dfwp.htm FWP FWP

Filed Pursuant to Rule 433

Registration Statement No. 333-198764

Pricing Term Sheet

COLUMBIA PROPERTY TRUST OPERATING PARTNERSHIP, L.P.

Pricing Term Sheet

 

Issuer:

    Columbia Property Trust Operating Partnership, L.P.

Guarantor:

    Columbia Property Trust, Inc.

Size:

    $350,000,000

Trade Date:

    August 3, 2016

Settlement Date:

    August 12, 2016 (T+7)

Maturity:

    August 15, 2026

Interest Payment Dates:

    February 15 and August 15, commencing February 15, 2017

Coupon:

    3.650%

Public Offering Price:

    99.626% of face amount

Yield to Maturity:

    3.695%

Spread to Benchmark Treasury:

    T + 215 bps

Benchmark Treasury:

    UST 1.625% due May 15, 2026

Benchmark Treasury Price / Yield:        

   100-23 / 1.545%

Optional Redemption:

   

        Make-whole call:

    Prior to May 15, 2026 at T+ 35 bps

        Par Call:

    On or after May 15, 2026

Minimum Denominations:

    $2,000 and integral multiples of $1,000 in excess thereof

CUSIP / ISIN:

    19828J AB4 / US19828JAB44

Joint Book-Running Managers:

   

J.P. Morgan Securities LLC

Morgan Stanley & Co. LLC

Wells Fargo Securities, LLC

Jefferies LLC

U.S. Bancorp Investments, Inc.

Co-Managers:

   

Goldman, Sachs & Co.

MUFG Securities Americas Inc.

Regions Securities LLC

BBVA Securities Inc.

BMO Capital Markets Corp.

Capital One Securities, Inc.

Comerica Securities, Inc.

Fifth Third Securities, Inc.

SMBC Nikko Securities America, Inc.

TD Securities (USA) LLC

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 LLC collect at (212) 834-4533; Morgan Stanley & Co. LLC toll-free at (866) 718-1649; or Wells Fargo Securities, LLC toll-free at (800) 645-3751.

The issuer expects that delivery of the notes will be made to investors on or about August 12, 2016, which will be the seventh business day following the date of this pricing term sheet (such settlement being referred to as “T+7”). Under Rule 15c6-1 under the Securities Exchange Act of 1934, as amended, trades in the secondary market are required to settle in three business days, unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade notes on the date of the prospectus supplement or the next three succeeding business days 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. Purchasers of the Notes who wish to trade the Notes on the date of pricing or the next three succeeding business days should consult their advisors.