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Alexandria Real Estate Equities launches senior notes offering
Alexandria Real Estate Equities, Inc. (NYSE:ARE) announced an underwritten public offering of senior notes to repay borrowings under its commercial paper program, used for repurposing outstanding senior unsecured notes. The company’s stock has rebounded despite trading below its 52-week high, and an InvestingPro analysis suggests it is undervalued. This follows a Q4 2025 earnings miss but a revenue beat, and a “Neutral” rating from Goldman Sachs.