{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-151261","form_type":"8-K","ticker":null,"cik":"0001060386","company_name":"BRANDYWINE OPERATING PARTNERSHIP, L.P.","filed_at":"2025-06-27T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.366913+00:00","generated_at":"2026-05-18T15:29:31.862437+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 Realty Trust closes $150M offering of 8.875% Notes due 2029","bullets":["Issued $150M principal of 8.875% Guaranteed Notes due 2029; re-offer yield 7.039%.","Total outstanding of this series now $550M; net proceeds ~$157M after underwriting costs.","Proceeds to repay borrowings under $600M unsecured credit facility and partial secured debt.","Notes rank equally with existing unsecured unsubordinated debt; guaranteed by Brandywine Realty Trust.","Sale closed June 27, 2025; same CUSIP and trade interchangeably with initial $400M notes."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-151261","json":"https://secwatch.observer/filing/0001193125-25-151261.json","markdown":"https://secwatch.observer/filing/0001193125-25-151261.md","text":"https://secwatch.observer/filing/0001193125-25-151261.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1060386/000119312525151261/0001193125-25-151261-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/790816/000119312525151261/d38815d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T15:29:31.862437+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":"8a7d56b1eb90bef328c374c3580a4475d2d09906","claim":"BRANDYWINE OPERATING PARTNERSHIP, L.P. incurred senior notes of $150 million in aggregate principal amount at 8.875% maturing 2029.","evidence_excerpt":"On June 27, 2025, Brandywine Operating Partnership, L.P., a Delaware limited partnership (the “Operating Partnership”), completed its offering and sale (the “Notes Offering”) of $150 million in aggregate principal amount of its 8.875% Guaranteed Notes due 2029 (the “Notes”), with a re-offer yield of 7.039%.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1060386/000119312525151261/0001193125-25-151261-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$150 million in aggregate principal amount"},{"label":"Rate","value":"8.875%"},{"label":"Maturity","value":"2029"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}