0000941713-17-000009.txt : 20170213 0000941713-17-000009.hdr.sgml : 20170213 20170213161626 ACCESSION NUMBER: 0000941713-17-000009 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20170213 DATE AS OF CHANGE: 20170213 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: HIGHWOODS REALTY LTD PARTNERSHIP CENTRAL INDEX KEY: 0000941713 STANDARD INDUSTRIAL CLASSIFICATION: LESSORS OF REAL PROPERTY, NEC [6519] IRS NUMBER: 561869557 STATE OF INCORPORATION: NC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-215936-01 FILM NUMBER: 17599335 BUSINESS ADDRESS: STREET 1: 3100 SMOKETREE CT STE 600 CITY: RALEIGH STATE: NC ZIP: 27604 BUSINESS PHONE: 9198724924 MAIL ADDRESS: STREET 1: 3100 SMOKETREE COURT STREET 2: STE 600 CITY: RALEIGH STATE: NC ZIP: 27604 FORMER COMPANY: FORMER CONFORMED NAME: HIGHWOODS FORSYTH L P DATE OF NAME CHANGE: 19960626 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: HIGHWOODS REALTY LTD PARTNERSHIP CENTRAL INDEX KEY: 0000941713 STANDARD INDUSTRIAL CLASSIFICATION: LESSORS OF REAL PROPERTY, NEC [6519] IRS NUMBER: 561869557 STATE OF INCORPORATION: NC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 3100 SMOKETREE CT STE 600 CITY: RALEIGH STATE: NC ZIP: 27604 BUSINESS PHONE: 9198724924 MAIL ADDRESS: STREET 1: 3100 SMOKETREE COURT STREET 2: STE 600 CITY: RALEIGH STATE: NC ZIP: 27604 FORMER COMPANY: FORMER CONFORMED NAME: HIGHWOODS FORSYTH L P DATE OF NAME CHANGE: 19960626 FWP 1 fwp02132017.htm FWP Document


Filed Pursuant to Rule 433
Issuer Free Writing Prospectus dated February 13, 2017
Relating to Preliminary Prospectus Supplement dated February 13, 2017
Registration Statement No. 333-215936-01
HIGHWOODS REALTY LIMITED PARTNERSHIP
$300,000,000
3.875% Notes due 2027
Final Term Sheet
Dated: February 13, 2017
Issuer:
Highwoods Realty Limited Partnership
Security:
3.875% Notes due 2027
Format:
SEC Registered
Expected Ratings (Moody's/S&P)*:
Baa2 / BBB
Principal Amount:
$300,000,000
Maturity Date:
March 1, 2027
Trade Date:
February 13, 2017
Settlement Date (T+7):
February 23, 2017
Interest Payment Dates:
March 1 and September 1, commencing September 1, 2017
Benchmark Treasury:
2.250% due February 15, 2027
Benchmark Treasury Price / Yield:
98-11 / 2.438%
Spread to Benchmark Treasury:
T + 160 bps
Yield to Maturity:
4.038%
Coupon:
3.875%
Public Offering Price:
98.667%
Optional Redemption:
Make-whole call at any time prior to December 1, 2026 (the date that is 90 days prior to the maturity date, the “Par Call Date”), at the applicable Treasury Constant Maturity plus 25 bps
On or after the Par Call Date, the redemption price will equal 100% of the principal amount of the notes to be redeemed, plus accrued and unpaid interest on the principal amount of the notes to be redeemed to, but excluding, the redemption date
CUSIP / ISIN:
431282 AP7 / US431282AP72
Joint Book-Running Managers:
Merrill Lynch, Pierce, Fenner & Smith
Incorporated
Jefferies LLC
Wells Fargo Securities, LLC
BB&T Capital Markets, a division of BB&T Securities, LLC
U.S. Bancorp Investments, Inc.
Co-Managers:
MUFG Securities Americas Inc.
Capital One Securities, Inc.
Comerica Securities, Inc.
Fifth Third Securities, Inc.
FTN Financial Securities Corp.
Morgan Stanley & Co. LLC
RBC Capital Markets, LLC
Regions Securities LLC





*Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.
This communication is intended for the sole use of the person to whom it is provided by the issuer.
Terms used herein but not defined shall have the respective meanings as set forth in the issuer’s preliminary prospectus supplement dated February 13, 2017.
Other information (including other financial information) presented in the Preliminary Prospectus Supplement is deemed to have changed to the extent affected by the information contained herein.
The issuer has filed a registration statement including a prospectus and a prospectus supplement with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus and prospectus supplement 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 obtain 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 and the prospectus supplement if you request them by contacting Merrill Lynch, Pierce, Fenner & Smith Incorporated, NC1-004-03-43, 200 North College Street, 3rd floor, Charlotte NC 28255-0001, Attention: Prospectus Department, email: dg.prospectus_requests@baml.com, toll-free: 1-800-294-1322; Jefferies LLC at 520 Madison Ave, 3rd Floor, New York, NY 10022, toll-free: 1-877-877-0696, email: DCMProspectuses@jefferies.com; or Wells Fargo Securities, LLC at 608 2nd Avenue South, Suite 1000, Minneapolis, MN 55402, Attention: WFS Customer Service, toll-free: 1-800-645-3751, email: wfscustomerservice@wellsfargo.com.
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