{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-094769","form_type":"8-K","ticker":null,"cik":"0001060386","company_name":"BRANDYWINE OPERATING PARTNERSHIP, L.P.","filed_at":"2024-04-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.118976+00:00","generated_at":"2026-06-03T23:15:19.136046+00:00","sec_items":["1.01","2.03","8.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Brandywine OP issues $400M 8.875% notes due 2029; refi $335M 4.10% notes due Oct 2024","bullets":["Issued $400M of 8.875% guaranteed notes due 2029; net proceeds ~$391.8M after underwriting discount and expenses.","Proceeds to repurchase/redeem $335.1M of 4.10% notes maturing Oct 1, 2024, plus general corporate purposes.","Notes are unsecured, rank equally with existing unsecured debt; fully guaranteed by Brandywine Realty Trust (BDN).","Interest payable semi-annually on Apr 12 and Oct 12, beginning Oct 12, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-094769","json":"https://secwatch.observer/filing/0001193125-24-094769.json","markdown":"https://secwatch.observer/filing/0001193125-24-094769.md","text":"https://secwatch.observer/filing/0001193125-24-094769.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1060386/000119312524094769/0001193125-24-094769-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/790816/000119312524094769/d819413d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T23:15:19.136046+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"23a2fdaa8fd2a381ec0890dadc7c19d15b5843a4","claim":"BRANDYWINE OPERATING PARTNERSHIP, L.P. incurred senior notes of $400 million at 8.875% maturing 2029.","evidence_excerpt":"completed its offering and sale (the “Notes Offering”) of $400 million in aggregate principal amount of its 8.875% Guaranteed Notes due 2029","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1060386/000119312524094769/0001193125-24-094769-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$400 million"},{"label":"Rate","value":"8.875%"},{"label":"Maturity","value":"2029"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"f065645bf336a0ec365b0d85e5755f82ed6bd1ed","claim":"BRANDYWINE OPERATING PARTNERSHIP, L.P. entered into Indenture with The Bank of New York Mellon valued at $400 million (effective 2004-10-22).","evidence_excerpt":"On April 12, 2024, Brandywine Operating Partnership, L.P., a Delaware limited partnership (the “Operating Partnership”), completed its offering and sale (the “Notes Offering”) of $400 million in aggregate principal amount of its 8.875% Guaranteed Notes due 2029 (the “Notes”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1060386/000119312524094769/0001193125-24-094769-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"The Bank of New York Mellon"},{"label":"Value","value":"$400 million"},{"label":"Effective","value":"2004-10-22"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}