Piedmont Office Realty issues $300M 2.750% Notes due 2032, repays term loan

Piedmont Realty Trust, Inc.

Issued $300M aggregate principal of 2.750% Senior Notes due April 1, 2032.
Notes fully and unconditionally guaranteed by Piedmont Office Realty Trust.
Net proceeds used to prepay entire balance of $300M 2011 Term Loan and terminate agreement.
Interest payable semi-annually Apr 1 and Oct 1, starting Apr 1, 2022.
Indenture contains covenants including 150% unencumbered asset coverage for unsecured debt.

item 1.01 item 1.02 item 2.03 item 2.04 item 8.01 item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.