-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, C8sXGgSjTOzAxyUPmbXNgXQqBiQwMTPxdmHBbeQngf/t8CfJjDpABoy+hIGatoYb SqUr80w2S73+f979DBjGWA== 0001104659-07-068362.txt : 20070911 0001104659-07-068362.hdr.sgml : 20070911 20070911171452 ACCESSION NUMBER: 0001104659-07-068362 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070911 DATE AS OF CHANGE: 20070911 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: HRPT PROPERTIES TRUST CENTRAL INDEX KEY: 0000803649 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 046558834 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-135110 FILM NUMBER: 071111565 BUSINESS ADDRESS: STREET 1: 400 CENTRE ST CITY: NEWTON STATE: MA ZIP: 02458 BUSINESS PHONE: 6177968350 MAIL ADDRESS: STREET 1: 400 CENTRE STREET CITY: NEWTON STATE: MA ZIP: 02458 FORMER COMPANY: FORMER CONFORMED NAME: HEALTH & RETIREMENT PROPERTIES TRUST DATE OF NAME CHANGE: 19940811 FORMER COMPANY: FORMER CONFORMED NAME: HEALTH & REHABILITATION PROPERTIES TRUST DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: HRPT PROPERTIES TRUST CENTRAL INDEX KEY: 0000803649 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 046558834 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 400 CENTRE ST CITY: NEWTON STATE: MA ZIP: 02458 BUSINESS PHONE: 6177968350 MAIL ADDRESS: STREET 1: 400 CENTRE STREET CITY: NEWTON STATE: MA ZIP: 02458 FORMER COMPANY: FORMER CONFORMED NAME: HEALTH & RETIREMENT PROPERTIES TRUST DATE OF NAME CHANGE: 19940811 FORMER COMPANY: FORMER CONFORMED NAME: HEALTH & REHABILITATION PROPERTIES TRUST DATE OF NAME CHANGE: 19920703 FWP 1 a07-23759_1fwp.htm FWP

Filed Pursuant to Rule 433
Issuer Free Writing Prospectus
dated September 11, 2007
Registration No. 333-135110

HRPT PROPERTIES TRUST

This information supplements the information contained in the preliminary prospectus
supplement dated September 11, 2007 to the Prospectus dated June 19, 2006.

PRICING TERM SHEET

Size:

 

$250,000,000

Coupon (Interest Rate):

 

6.65% per annum

Security:

 

6.65% Senior Notes due 2018

Interest Payment Dates:

 

January 15 and July 15, commencing January 15, 2008

Maturity:

 

January 15, 2018

Price to Public:

 

99.146% of principal amount, plus accrued interest from September 18, 2007

Trade Date:

 

September 11, 2007

Settlement Date:

 

T+5; September 18, 2007

Net Proceeds:

 

$246,240,000 (before expenses associated with the transaction)

Redemption Provision:

 

Make-whole call at any time based on U.S. Treasury plus 0.40% (forty one-hundredths of one percent). If the notes are redeemed on or after July 15, 2017, the redemption price will not include a make-whole amount.

Yield to Maturity:

 

6.768%

Spread to Benchmark Treasury:

 

240 basis points

Benchmark Treasury:

 

U.S. Treasury 4.75% due August 15, 2017

Benchmark Treasury Price and Yield:

 

103-01+; 4.368%

Expected Ratings (Moody’s / S&P):

 

Baa2 (stable) / BBB (stable)

Type:

 

SEC Registered

Ranking:

 

Senior Unsecured

CUSIP:

 

40426WAV3

 

Joint Book-Running Managers:

 

Wachovia Capital Markets, LLC

 

$75,000,000

 

 

Merrill Lynch, Pierce, Fenner & Smith
                    Incorporated

 

$37,500,000

 

 

UBS Securities LLC

 

$37,500,000

 

 

 

 

 

Joint Lead Managers:

 

Morgan Stanley & Co. Incorporated

 

$20,000,000

 

 

RBC Capital Markets Corporation

 

$20,000,000

 

 

 

 

 

Co-Managers:

 

Banc of America Securities LLC

 

$ 4,000,000

 

 

BMO Capital Markets Corp.

 

$ 4,000,000

 

 

BNY Capital Markets, Inc.

 

$ 4,000,000

 

 

Calyon Securities (USA) Inc.

 

$ 4,000,000

 

 

Comerica Securities, Inc.

 

$ 4,000,000

 

 

Ferris, Baker Watts, Incorporated

 

$ 4,000,000

 

 

Greenwich Capital Markets, Inc.

 

$ 4,000,000

 

 

Janney Montgomery Scott LLC

 

$ 4,000,000

 

 

Morgan Keegan & Company, Inc.

 

$ 4,000,000

 

 

Oppenheimer & Co. Inc.

 

$ 4,000,000

 

 

Piper Jaffray & Co.

 

$ 4,000,000

 

 

PNC Capital Markets LLC

 

$ 4,000,000

 

 

SG Americas Securities, LLC

 

$ 4,000,000

 

 

Stifel, Nicolaus & Company, Incorporated

 

$ 4,000,000

 

 

SunTrust Capital Markets, Inc.

 

$ 4,000,000

 

The issuer has filed a registration statement (including a prospectus) with the Securities and Exchange Commission, or SEC, for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement, the prospectus supplement 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 or any underwriter participating in the offering will arrange to send you the prospectus supplement and accompanying prospectus if you request it by calling Wachovia Capital Markets, LLC toll-free at (866) 289-1262, Merrill Lynch, Pierce, Fenner & Smith Incorporated toll-free at (866) 500-5408 or UBS Securities LLC toll-free at (888) 722-9555 ext. 1088.

Any disclaimers or other notices that may appear below are not applicable to this communication and should be disregarded.  Such disclaimers or other notices were automatically generated as a result of this communication being sent via Bloomberg or another email system.



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