Filed Pursuant to Rule 433
Registration Statement No. 333-198764
333-198764-01
Pricing Term Sheet
March 9, 2015
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: |
March 9, 2015 | |
| Settlement Date: |
March 12, 2015 | |
| Maturity: |
April 1, 2025 | |
| Interest Payment Dates: |
April 1 and October 1, commencing October 1, 2015 | |
| Coupon: |
4.150% | |
| Public Offering Price: |
99.859% of face amount | |
| Yield to Maturity: |
4.167% | |
| Spread to Benchmark Treasury: |
T + 197 bps | |
| Benchmark Treasury: |
UST 2.000% due February 15, 2025 | |
| Benchmark Treasury Price /Yield: |
98-08 / 2.197% | |
| Optional Redemption: |
||
| Make-whole call: |
Prior to January 1, 2025 at T+30 bps | |
| Par Call: |
On or after January 1, 2025 | |
| Minimum Denominations: |
$2,000 and integral multiples of $1,000 in excess thereof | |
| CUSIP / ISIN: |
19828J AA6 / US19828JAA60 | |
| 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. Regions Securities LLC Mitsubishi UFJ Securities (USA), Inc. 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.