---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-167911"
form_type: "8-K"
ticker: "PDM"
cik: "0001042776"
company_name: "Piedmont Realty Trust, Inc."
filed_at: "2024-06-25T23:59:59+00:00"
generated_at: "2026-06-01T02:04:12.491085+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Piedmont Office Realty Trust issues $400M of 6.875% Senior Notes due 2029

## Summary
- Issued $400M aggregate principal of 6.875% Senior Notes due July 15, 2029; interest semi-annual starting Jan 15, 2025.
- Notes fully and unconditionally guaranteed by Piedmont Office Realty Trust, Inc.
- Net proceeds to repay 2023 term loan and 2022 line of credit; remainder for working capital and general corporate purposes.
- May redeem any time before June 15, 2029 at make-whole price; after that at par.
- Covenants limit secured/unsecured debt and require unencumbered assets ≥150% of unsecured debt.

## SEC filing metadata
- accession: 0001193125-24-167911
- form_type: 8-K
- ticker: PDM
- cik: 0001042776
- company_name: Piedmont Realty Trust, Inc.
- filed_at: 2024-06-25T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1042776/000119312524167911/0001193125-24-167911-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1042776/000119312524167911/d858227d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-167911
- JSON: https://secwatch.observer/filing/0001193125-24-167911.json
- Plain text: https://secwatch.observer/filing/0001193125-24-167911.txt

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