FWP 1 a06-5625_1fwp.htm FILING UNDER SECURITIES ACT RULES 163/433 OF FREE WRITING PROSPECTUSES

 

 

Issuer Free Writing Prospectus

 

Filed Pursuant to Rule 433

 

Registration Statement No. 333-120492

 

February 22, 2006

 

 

Duke Realty Limited Partnership

$125,000,000
10-year Fixed Rate Notes due March 1, 2016

 

 

Issuer:

Duke Realty Limited Partnership

Rating:

Baa1/BBB+/BBB+ (stable/stable/stable)

Securities:

Senior unsecured

Format:

SEC-Registered

Principal Amount:

$125,000,000

Settlement Date:

March 1, 2006

Maturity Date:

March 1, 2016

Treasury Benchmark:

10-year US Treasury Note (4.50% due 2/16)

Treasury Yield:

4.531% (price of 99-24)

Reoffer Spread:

+105 bps

Reoffer Yield:

5.581%

Reoffer Price:

99.386%

Coupon Rate:

5.50% per annum (payable semi-annually)

Interest Payment Dates:

March 1 and September 1, beginning September 1, 2006

Optional Redemption:

Make-Whole at T+20bps

Denominations:

$1,000 x $1,000

CUSIP:

26441Y AK 3

ISIN:

US26441YAK38

Sole Bookrunner:

Deutsche Bank Securities Inc.

 

 

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, the underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free 1-800-503-4611.