Brandywine Realty Trust launches USD 100 million cash tender offers for 2028 and 2029 notes
BDN•Brandywine launches cash tender offers for operating partnership notes
Brandywine Realty Trust launched cash tender offers for up to USD 100 million of Brandywine Operating Partnership notes.
- The offers are capped at USD 50 million each for the 7.550% guaranteed notes due 2028 and the 8.875% guaranteed notes due 2029.
- Offer prices are set at USD 1,047.50 per USD 1,000 for the 2028 notes and USD 1,068.75 per USD 1,000 for the 2029 notes.
- The expiration date is Aug. 21, 2026, with settlement expected on Aug. 25, 2026.
- The company said the offers will be funded with cash or borrowings under its credit line.
