Douglas Emmett Obtains Term Loans Totaling $388 Million; All-In Rate of 3.65%

SANTA MONICA, Calif.–(BUSINESS WIRE)–Douglas Emmett, Inc. (NYSE: DEI), a real estate investment trust (REIT), announced that it has obtained ten-year term loans totaling $388,080,000 that are cross-collateralized and bear interest at a floating rate equal to one-month LIBOR plus 165 basis points. Additionally, the Company has entered into interest rate swap contracts that effectively fix the interest rate at approximately 3.65% for seven years expiring on November 1, 2017. The loans mature on

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