---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-107178"
form_type: "8-K"
ticker: null
cik: "0001060386"
company_name: "BRANDYWINE OPERATING PARTNERSHIP, L.P."
filed_at: "2024-04-23T23:59:59+00:00"
generated_at: "2026-06-03T11:15:44.241606+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Brandywine Realty Trust to redeem remaining $113.4M of 4.10% notes due 2024; tender offer completed

## Summary
- Tender offer for $335.1M 4.10% notes due Oct 2024 expired; $221.6M (66.13%) accepted at $994.48 per $1,000 principal.
- Remaining ~$113.4M notes to be redeemed on June 7, 2024 at greater of 100% principal or Treasury rate + 25 bps plus accrued interest.
- Redemption funded by net proceeds from $400M 8.875% Guaranteed Notes due 2029 offering.
- BofA Securities and Citigroup acted as dealer managers; notes held through DTC redeemed per DTC procedures.
- Interest ceases on redemption date; holders must surrender notes to BNY Mellon for payment.

## SEC filing metadata
- accession: 0001193125-24-107178
- form_type: 8-K
- cik: 0001060386
- company_name: BRANDYWINE OPERATING PARTNERSHIP, L.P.
- filed_at: 2024-04-23T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.04, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1060386/000119312524107178/0001193125-24-107178-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/790816/000119312524107178/d826708d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-107178
- JSON: https://secwatch.observer/filing/0001193125-24-107178.json
- Plain text: https://secwatch.observer/filing/0001193125-24-107178.txt

## Key facts
- Debt Financings
  BRANDYWINE OPERATING PARTNERSHIP, L.P. faced acceleration on senior notes of all of the outstanding aggregate principal amount of its 4.10% Guaranteed Notes due October 1, 2024 with The Bank of New York Mellon at 4.10% maturing October 1, 2024.
  - Instrument: senior notes
  - Principal: all of the outstanding aggregate principal amount of its 4.10% Guaranteed Notes due October 1, 2024
  - Counterparty: The Bank of New York Mellon
  - Rate: 4.10%
  - Maturity: October 1, 2024
  - Event: acceleration
  source text: gave notice under the Indenture, dated as of October 22, 2004 (as modified or supplemented from time to time, the “Indenture”), as supplemented by the First Supplemental Indenture dated as of May 25, 2005, and the Third Supplemental Indenture dated as of April 5, 2011, among the Company, the Operating Partnership and The Bank of New York Mellon (formerly known as The Bank of New York), as trustee, for the redemption of all of the outstanding aggregate principal amount of its 4.10% Guaranteed Notes due October 1, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1060386/000119312524107178/0001193125-24-107178-index.htm

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