Blog Editor’s Note: Kilroy Realty has major holdings near LAX and Long Beach Airport.
The Los Angeles real estate investment trust said the exchangeable senior unsecured notes from Kilroy Realty L.P. will be due 2014. The interest and exchange rates and other terms will be determined in negotiations between the company, operating partnership and initial purchasers. Under certain circumstances, the notes may be exchanged for cash up to the principal amount and shares of Kilroy Realty stock.












