---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-277370"
form_type: "8-K"
ticker: "PDM"
cik: "0001042776"
company_name: "Piedmont Realty Trust, Inc."
filed_at: "2021-09-20T23:59:59+00:00"
generated_at: "2026-06-29T02:31:08.654851+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-21-277370
- form_type: 8-K
- ticker: PDM
- cik: 0001042776
- company_name: Piedmont Realty Trust, Inc.
- filed_at: 2021-09-20T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 2.04, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1042776/000119312521277370/0001193125-21-277370-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1042776/000119312521277370/d231046d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-277370
- JSON: https://secwatch.observer/filing/0001193125-21-277370.json
- Plain text: https://secwatch.observer/filing/0001193125-21-277370.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.