---
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"
generated_at: "2026-05-18T15:29:31.862437+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Brandywine Realty Trust closes $150M offering of 8.875% Notes due 2029

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-25-151261
- form_type: 8-K
- cik: 0001060386
- company_name: BRANDYWINE OPERATING PARTNERSHIP, L.P.
- filed_at: 2025-06-27T23:59:59+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/1060386/000119312525151261/0001193125-25-151261-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/790816/000119312525151261/d38815d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-151261
- JSON: https://secwatch.observer/filing/0001193125-25-151261.json
- Plain text: https://secwatch.observer/filing/0001193125-25-151261.txt

## Key facts
- Debt Financings
  BRANDYWINE OPERATING PARTNERSHIP, L.P. incurred senior notes of $150 million in aggregate principal amount at 8.875% maturing 2029.
  - Instrument: senior notes
  - Principal: $150 million in aggregate principal amount
  - Rate: 8.875%
  - Maturity: 2029
  - Event: incurrence
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1060386/000119312525151261/0001193125-25-151261-index.htm

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