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Brandywine Realty Trust Prices $300 Million of 6.125% Guaranteed Notes Due 2031
PHILADELPHIA, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (the “Company”) (NYSE: BDN) announced today that its operating partnership, Brandywine Operating Partnership, L.P. (the “Operating Partnership”), has priced an underwritten public offering of $300 million of its 6.125% guaranteed notes due 2031 (the “Notes”). Interest on the Notes will be payable semi-annually on January 15 and July 15 of each year, commencing January 15, 2026. The Notes are being offered to investors at a
About this update from Brandywine Realty Trust
[{"type":"image","alt":"Brandywine Realty Trust","displaySize":"","headline":null,"caption":"Brandywine Realty Trust","className":"","disableSlideshowImg":false,"size":{"original":{"width":243,"height":276,"url":"https://media.zenfs.com/en/globenewswire.com/7e7163f18a0f48e8a150e908aa7e55fa"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/weqMAscY.N2i3ZUx.TOpZg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTQ3NztjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/7e7163f18a0f48e8a150e908aa7e55fa","width":243,"height":276}},"lazy":false},{"type":"text","content":"PHILADELPHIA, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (the “Company”) (NYSE: BDN) announced today that its operating partnership, Brandywine Operating Partnership, L.P. (the “Operating Partnership”), has priced an underwritten public offering of $300 million of its 6.125% guaranteed notes due 2031 (the “Notes”). Interest on the Notes will be payable semi-annually on January 15 and July 15 of each year, commencing January 15, 2026.","length":453,"tagName":"p"},{"type":"text","content":"The Notes are being offered to investors at a price of 100% of their principal amount, plus accrued interest, if any, from October 3, 2025. The sale of the Notes is expected to close on October 3, 2025, subject to customary closing conditions.","length":243,"tagName":"p"},{"type":"text","content":"The net proceeds of the offering, after deducting underwriting discounts and estimated transaction expenses related to this offering, are expected to be approximately $296.3 million. The Operating Partnership intends to use the net proceeds of the offering to repay our consolidated secured debt and for general corporate purposes, which may include the repayment, repurchase or other retirement of other indebtedness.","length":418,"tagName":"p"},{"type":"text","content":"The joint book-running managers for the offering are BofA Securities, Inc., Citigroup Global Markets Inc., Truist Securities, Inc, Wells Fargo Securities, LLC, BNY Capital Markets, LLC, Citizens JMP Securities, LLC, M&T Securities, Inc., PNC Capital Markets LLC and U.S. Bancorp Investments, Inc. The co-managers for the offering Samuel A. Ramirez & Company, Inc. and Synovus Securities, Inc.","length":400,"tagName":"p"},{"type":"text","content":"This offering is being made pursuant to an effective shelf registration statement and related ...