Company: HPP
Filing Date: 2025-06-13
Form Type: 424B5
Source: 0001193125-25-140284
Chunk: 27

Company: Hudson Pacific Properties, Inc.
Filing Date: 2025-06-13
Form: 424B5
Chunk 27
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 our revolving credit facility to a rate equal to either SOFR plus 70 to 140 basis points per annum or the specified base rate plus 0 to 40 basis points per annum,
depending on the credit rating. Any borrowings under our revolving credit facility that are repaid with net proceeds from this offering may be reborrowed, subject to customary conditions.

Affiliates of BofA Securities, Inc. and Wells Fargo Securities, LLC are syndication agent and administrative agent, respectively, under our
revolving credit facility and affiliates of BofA Securities, Inc., Wells Fargo Securities, LLC, RBC Capital Markets, LLC, KeyBanc Capital Markets Inc., Morgan Stanley & Co. LLC and Goldman Sachs & Co. LLC, (underwriters in this offering) are
lenders under our revolving credit facility and/or certain of our term loans. See “Underwriting—Other Relationships.” To the extent that we use a portion of the net proceeds of this offering to repay borrowings outstanding under our
revolving credit facility, such affiliates of the underwriters will receive their proportionate shares of any such amount.

S-18

CAPITALIZATION The following table sets forth our actual cash and cash equivalents and capitalization on a consolidated basis as of March 31, 2025:

| • |     | on an actual basis; |

| • |     | on a pro forma as adjusted basis to give effect to this offering of common stock and Pre-Funded Warrants (assuming no exercise of the Pre-Funded Warrants), and excluding shares of common stock issued and any proceeds received upon any exercise of the Pre-Funded Warrants and any resulting accounting associated with the Pre-Funded Warrants, after deducting underwriting discounts and commissions and estimated offering 
 expenses payable by us of $2.7 million, and the application of the net proceeds from this offering as set forth in “Use of Proceeds.”                                                                                                                                                                                                                                                                                              |

You should read this table in conjunction with “Use of Proceeds” in this prospectus supplement and the consolidated financial statements and related notes and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the Quarterly Report on Form 10-Qof Hudson Pacific Properties, Inc. and Hudson Pacific Properties, L.P. for the quarter ended March 31, 2025, which is incorporated herein by reference. No adjustments have been made to reflect our normal course operations or other developments with our business after March 31, 2025. As a result, the as adjusted