Green Bond Fact Sheet

Boston Properties

Date: 11-Jan-2018

Issue date: 28-Nov-2018 Maturity date: 01-Dec-2028 Tenor: 10Issuer Name

Boston Properties

Amount Issued

USD1bnCountry of risk

USA

CBI Database

Included

Issuer Type1

Financial Corporate

Bond Type

Senior unsecured

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☐ Energyperformance☐ 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

N/ABoston Properties, Inc. a self-administered and self-managed real estate
investment trust (REIT), is one of the largest owners, managers, and developers offirst-class office properties in the United States, with significant presence in fivemarkets: Boston, Los Angeles, New York, San Francisco and Washington, DC.

Firsts, records andcertifications
Proceeds description

The deal will finance recently completed or future properties that have or are
expected to obtain a green building certification. Eligible projects include theSalesforce Tower development located in San Francisco, California, which hasreceived LEED Platinum certification.

Climate Bonds viewThe deal was previously classified as pending until the issuer confirmed that thegreen building certification is a requirement for all properties in the portfolio ofeligible projects. Issuers are strongly encouraged to set up clear tracking andreporting systems, as well as seek for external reviews to comply with market bestpractice.
BNY Mellon Capital Markets LLC, Citigroup Global Markets Inc, Deutsche Bank
Securities Inc, Jefferies LLC, JP Morgan Securities LLC, Merrill Lynch Pierce Fenner &Smith Inc, Morgan Stanley Securities LLC, Scotia Capital Inc, Suntrust Robinson
Humphrey Inc, TD Securities LLC, U.S. Bancorp Investment Inc

Underwriters

Deal comments
Credit Rating

BBB+ (Fitch), Baa1 (Moody’s), A- (S&P)

Pricing summary
Investors summary

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