Hudson Pacific trims guidance

• The recent $300M+ equity raise means Hudson Pacific (NYSE:HPP) sees full-year FFO per share of $1.90-$2.00, down $0.03 at both ends from previous guidance.
• The immediate use of the money was to fully pay down the company's $255M revolver, with funds eventually to be drawn again for the May 1 closing of the Hollywood Center Studios purchase. There are also a couple of Q1 property sales which are being factored in.