secwatch / observer
8-K filed July 20, 2023, 7:59 PM ET ticker PDM CIK 0001042776
debt confidence high sentiment neutral materiality 0.80

Piedmont Realty Trust, Inc. (PDM): debt financing — Piedmont issues $400M 9.250% notes due 2028; proceeds for tender of 4.45% notes

Piedmont Realty Trust, Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Piedmont Realty Trust, Inc. incurred senior notes of $400,000,000 with U.S. Bank Trust Company, National Association at 9.250% per year maturing July 20, 2028.

Instrument
senior notes
Principal
$400,000,000
Counterparty
U.S. Bank Trust Company, National Association
Rate
9.250% per year
Maturity
July 20, 2028
Event
incurrence
Exact text from the filing
On July 20, 2023, Piedmont Operating Partnership, LP (the “Operating Partnership”), the operating partnership and wholly owned subsidiary of Piedmont Office Realty Trust, Inc. (the “Company”), issued $400,000,000 in aggregate principal amount of 9.250% Senior Notes due 2028 (the “Notes”), which mature on July 20, 2028, pursuant to an indenture, dated as of March 6, 2014 (as amended and supplemented by a supplemental indenture (the “Supplemental Indenture”), dated as of July 20, 2023, the “Indenture”), by and among the Operating Partnership, the Company and U.S. Bank Trust Company, National Association, as trustee (the “Trustee”).
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

Piedmont Realty Trust, Inc. entered into Supplemental Indenture with U.S. Bank Trust Company, National Association valued at $400,000,000 (effective 2023-07-20).

Action
entry
Agreement
notes offering
Counterparty
U.S. Bank Trust Company, National Association
Value
$400,000,000
Effective
2023-07-20
Exact text from the filing
On July 20, 2023, Piedmont Operating Partnership, LP (the “Operating Partnership”), the operating partnership and wholly owned subsidiary of Piedmont Office Realty Trust, Inc. (the “Company”), issued $400,000,000 in aggregate principal amount of 9.250% Senior Notes due 2028 (the “Notes”), which mature on July 20, 2028, pursuant to an indenture, dated as of March 6, 2014 (as amended and supplemented by a supplemental indenture (the “Supplemental Indenture”), dated as of July 20, 2023, the “Indenture”), by and among the Operating Partnership, the Company and U.S. Bank Trust Company, National Association, as trustee (the “Trustee”).
View on SEC.gov

73 debt financings filed in the last 30 days. Browse all debt financings →

Piedmont Realty Trust, Inc. filing history →

Source: SEC EDGAR
accession 0001193125-23-190290
Machine-readable: JSON · Markdown · Plain text

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.