PHILADELPHIA, Oct. 03, 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 closed its previously announced underwritten public offering of $300 million of its 6.125% guaranteed notes due 2031 (the “Notes”). The Operating Partnership intends to use the net proceeds of the offering to repay its consolidated secured debt and for general corporate purposes, which may ...

Core Viewpoint - Brandywine Realty Trust has announced a public offering of $300 million in 6.125% guaranteed notes due 2031, with interest payments starting January 15, 2026 [1][2]. Offering Details - The notes are being offered at 100% of their principal amount, plus accrued interest from October 3, 2025, with the sale expected to close on the same date [2]. - The net proceeds from the offering are anticipated to be approximately $296.3 million, which will be used to repay consolidated secured debt and for general corporate purposes [3]. Management and Underwriting - The joint book-running managers for the offering include BofA Securities, Citigroup Global Markets, Truist Securities, Wells Fargo Securities, and others [4]. - Co-managers for the offering are Samuel A. Ramirez & Company and Synovus Securities [4]. Company Overview - Brandywine Realty Trust is a major publicly traded real estate investment trust (REIT) focused on owning, developing, leasing, and managing properties, primarily in Philadelphia, PA, and Austin, TX, with a portfolio of 122 properties totaling 19.0 million square feet as of June 30, 2025 [7].