Green Bond Fact Sheet
Kilroy Realty LP
Issue date: 29-Nov-2018 Maturity date: 15-Dec-2028 Tenor: 10Date: 03-Dec-2018

Issuer Name

Kilroy Realty LP

Amount Issued

USD400m

Country of risk

USA

CBI Database

Included

Issuer Type1

Non-Financial
Corporate

Bond Type

Senior secured

Green Bond Framework

N/A

Second party opinion

N/A

Certification Standard

Not certified

Assurance report

N/A

Certification Verifier

N/AGreen bond rating

N/A☐ Energy☐ Solar☐ Onshore wind
☐ Offshore wind
☐ Geothermal☐ Hydro☐ Tidal☐ Biofuels☐ Bioenergy☐ District heating☐ Electricity grid

☐ Energy storage☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☒ Buildings☒ Certified Buildings☐ HVAC systems☒ Energy performance☒ Water performance☒ Energy storage/meters☒ Other energy related☐ Industry: components☐ Adaptation & resilience☐ Transport☐ Electric vehicles☐ Low emission
vehicles☐ Bus rapid transit☐ Passenger trains☐ Urban rail

☐ Freight rolling stock☐ Coach / public bus☐ Bicycle infrastructure☐ Energy performance☐ Transport logistics☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Water & wastewater☐ Water distribution☐ Water treatment☐ Wastewatertreatment☐ Water storage☐ Storm water mgmt
☐ Desalinisation plants☐ Erosion control☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Waste management☐ Recycling☐ Waste prevention☐ Pollution control☐ Landfill, energy capture☐ Energy performance☐ Infrastructure☐ Waste to energy☐ Industry: components ☐Adaptation & resilience

Use of Proceeds☐ Land use & agriculture☐ Afforestation/parks☐ FSC Forestry☐ FSC Cellulose &paper☐ Land remediation☐ Energy/water efficiency☐ Sustainable agriculture☐ Adaptation & resilience☐ Other☐ Adaptation &resilience☐ ICT☐ Industry: process

Issue details
ReportingCompany information

The issuer commits to reporting on proceed allocations on an annual basis andpublishing the reports on its website. An independent assurance company will
provide an assurance report on the allocated proceeds.
Kilroy Realty Corporation, incorporated on September 13, 1996, is a real estate
investment trust (REIT). The Company operates through the office properties
segment. The Company operates in office and mixed-use submarkets along theWest Coast. The Company owns, develops, acquires and manages real estate
assets, consisting primarily of Class A properties in the coastal regions of Los
Angeles, Orange County, San Diego County, the San Francisco Bay Area andGreater Seattle. (source)Firsts, records andcertifications
Proceeds description

According to the Green Bond Framework incorporated in the prospectus
supplement, the transaction will finance developments or refurbishments ofproperties which have received a building certification of LEED Gold or above.
Investments leading to significant energy and water efficiency improvements arealso eligible and include onsite renewable energy systems, LED lighting, smart
meters, battery storage and charging stations and sustainable construction
materials.

Climate Bonds view

Issuers are encouraged to seek external reviews of their green bond frameworks toalign with best practice.
BBVA, JP Morgan, Merrill Lynch Pierce Fenner & Smith, Wells Fargo, Jefferies & Co

Underwriters
Deal comments
Credit Rating

Baa2 (Moody’s), BBB (S&P)

Pricing summary
Investors summary

1Issuer categories: ABS, development bank, financial corporate, government-backed entity, loan, local government,
non-financial corporate, sovereign