debt
confidence high
sentiment neutral
materiality 0.35
Brixmor completes $500M redemption of 3.250% Senior Notes due 2023; expects $27.1M loss
Brixmor Property Group Inc.
- Completed redemption of all $500M of 3.250% Senior Notes due 2023 on September 2, 2021.
- Redemption price was 105.100% of principal plus accrued and unpaid interest to the redemption date.
- Will recognize a loss on extinguishment of debt of approx. $27.1M ($0.09 per diluted share) in Q3 2021.