debt
confidence high
sentiment neutral
materiality 0.60
BRANDYWINE OPERATING PARTNERSHIP, L.P.: debt financing — Brandywine closes $300M offering of 6.125% guaranteed notes due 2031
BRANDYWINE OPERATING PARTNERSHIP, L.P.
- Offering of $300M aggregate principal amount of 6.125% guaranteed notes due 2031 completed on October 3, 2025.
- Net proceeds approximately $296.3M after underwriting discount and estimated expenses.
- Proceeds to repay consolidated secured debt and for general corporate purposes, including debt retirement.
- Notes are unsecured obligations of the Operating Partnership, guaranteed by Brandywine Realty Trust.
- Interest payable semi-annually on Jan 15 and Jul 15, beginning Jan 15, 2026; notes mature Oct 15, 2031.