Brixmor OP launches $150M cash tender offer for 3.650% Senior Notes due 2024

Brixmor Property Group Inc.

Tender offer up to $150M aggregate principal of $500M outstanding 3.650% Senior Notes due 2024.
Early tender premium of $30 per $1,000; early deadline 5pm ET April 21, 2023; expected settlement April 25.
Funding from $200M delayed draw term loan under amended unsecured credit facility.
Notes accepted will be retired and cancelled, reducing near-term maturity exposure.
Tender not conditioned on minimum tender; company may increase, decrease or eliminate $150M cap.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.