Piedmont tender offer for 4.450% notes due 2024: $349.8M of $400M tendered (87.5%)

Piedmont Realty Trust, Inc.

Tender offer results: $349.8M principal tendered plus $0.5M via guaranteed delivery, total 87.5% of $400M outstanding.
Operating Partnership accepted all validly tendered notes at par ($1,000/$1,000) plus accrued interest.
Settlement date expected July 27, 2023; no further tenders accepted.
BofA Securities and J.P. Morgan acted as dealer managers for the tender offer.

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