Brandywine Realty Trust Announces Closing of $300 Million Offering of 6.125% Guaranteed Notes Due 2031
Brandywine Realty Trust (NYSE: BDN) announced on October 3, 2025 that its operating partnership closed an underwritten public offering of $300 million of 6.125% guaranteed notes due 2031. The Operating Partnership stated it intends to use net proceeds to repay consolidated secured debt and for general corporate purposes, which may include repayment, repurchase or other retirement of other indebtedness. The offering was made pursuant to an effective shelf registration statement and related prospectus filed with the SEC. The press release clarifies it is not an offer in jurisdictions where such sale would be unlawful prior to registration or qualification.
Brandywine Realty Trust (NYSE: BDN) ha annunciato il 3 ottobre 2025 che la sua Operating Partnership ha chiuso un'offerta pubblica sotto scritta di 300 milioni di dollari di obbligazioni garantite al 6,125% con scadenza nel 2031. L'Operating Partnership ha dichiarato che intende utilizzare i proventi netti per ripagare il debito garantito consolidato e per scopi aziendali generali, che possono includere rimborso, riacquisto o altro estinzione di altri debiti. L'offerta è stata effettuata in conformità a una dichiarazione di registrazione a scaffale efficace e al prospetto correlato depositato presso la SEC. Il comunicato stampa chiarisce che non si tratta di un'offerta in giurisdizioni in cui tale vendita sarebbe illegale prima della registrazione o qualificazione.
Brandywine Realty Trust (NYSE: BDN) anunció el 3 de octubre de 2025 que su Operating Partnership cerró una oferta pública suscrita por 300 millones de dólares de bonos garantizados al 6,125% con vencimiento en 2031. La Operating Partnership declaró que pretende usar los ingresos netos para pagar la deuda garantizada consolidada y para fines corporativos generales, lo que puede incluir el pago, la recompra u otro retiro de otras deudas. La oferta se realizó conforme a una declaración de registro en estantería vigente y al prospecto relacionado presentado ante la SEC. El comunicado de prensa aclara que no es una oferta en jurisdicciones donde tal venta sería ilegal antes del registro o la calificación.
Brandywine Realty Trust (NYSE: BDN)는 2025년 10월 3일에 그들의 Operating Partnership가 3억 달러의 6.125% 보증 채권을 2031년까지의 만기로 공모로 마감했다고 발표했습니다. Operating Partnership는 순수익을 통합 담보 부채 상환와 일반 기업 목적에 사용할 계획이며, 여기에는 다른 채무의 상환, 재매입 또는 기타 상환이 포함될 수 있습니다. 이 발행은 유효한 셀프-등록 명세서와 SEC에 제출된 관련 프로스펙투스에 따라 이루어졌습니다. 보도자료는 등록 또는 자격 취득 전에 그러한 매각이 불법인 관할 구역에서는 이것이 제안이 아님을 명확히 합니다.
Brandywine Realty Trust (NYSE: BDN) a annoncé le 3 octobre 2025 que son Operating Partnership a clos une offre publique souscrite d'300 millions de dollars d'obligations garanties à 6,125% arrivant à échéance en 2031. L'Operating Partnership a indiqué qu'il prévoit d'utiliser le produit net pour rembourser la dette garantie consolidée et à des fins générales d'entreprise, ce qui peut inclure le remboursement, le rachat ou l'autre extinction d'autres dettes. L'offre a été réalisée en vertu d'une déclaration d'enregistrement sur en stock efficace et du prospectus connexe déposé auprès de la SEC. Le communiqué de presse précise qu'il ne s'agit pas d'une offre dans les juridictions où une telle vente serait illégale avant l'enregistrement ou la qualification.
Brandywine Realty Trust (NYSE: BDN) gab am 3. Oktober 2025 bekannt, dass seine Operating Partnership eine unterzeichnete öffentliche Platzierung von 300 Millionen Dollar an 6,125% garantierte Anleihen mit Fälligkeit 2031 abgeschlossen hat. Die Operating Partnership erklärte, dass sie beabsichtigt, den Nettogewinn zu verwenden für die konsolidierte gesicherte Verschuldung tilgen und für allgemeine Unternehmenszwecke, zu denen Tilgung, Rückkauf oder andere Tilgungen anderer Verbindlichkeiten gehören können. Das Angebot wurde gemäß einer wirksamen Shelf-Registrationserklärung und dem dazugehörigen Prospekt vorgenommen, die bei der SEC eingereicht wurden. Die Pressemitteilung klärt, dass es kein Angebot in Jurisdiktionen sei, in denen ein solcher Verkauf vor der Registrierung oder Qualifikation unlawful wäre.
Brandywine Realty Trust (NYSE: BDN) أُعلن في 3 أكتوبر 2025 أن شراكتها التشغيلية أغلقت عرضاً عاماً مكتوباً بمبلغ 300 مليون دولار من سندات مضمونة بنسبة 6.125% تستحق في 2031. ذكرت الشراكة أنها تعتزم استخدام صافي العائدات لـسداد الدين المضمون المُجمّع ولغايات شراكة عامة، والتي قد تشمل السداد أو إعادة الشراء أو سداداً آخر لدين آخر. تم إجراء العرض بموجب بيان تسجيل سريعي فعال وProspectus ذي صلة قدم إلى SEC. يوضح البيان الصحفي أنه ليس عرضاً في ولايات قضائية حيث قد يكون هذا البيع غير قانوني قبل التسجيل أو التأهيل.
Brandywine Realty Trust (NYSE: BDN) 于 2025年10月3日 宣布，其运营伙伴关系已完成一项公开承销，发行金额为3亿美元的6.125%担保票据，到期日为2031年。运营伙伴关系表示，净收益将用于偿还合并担保债务以及一般企业用途，可能包括偿还、回购或其他方式偿还其他债务。此发行根据已生效的现货门槛登记声明及提交给SEC的相关招股说明书进行。新闻稿澄清，该项出售在注册或资格取得前，在某些司法辖区并非非法。
- Issued $300 million 6.125% guaranteed notes due 2031
- Proceeds designated to repay consolidated secured debt
- Offering completed under an effective shelf registration
- Added $300 million long‑term debt at 6.125%
- Creates ongoing interest obligation through 2031
PHILADELPHIA, Oct. 03, 2025 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (the “Company”) (NYSE: BDN) announced today that its operating partnership, Brandywine Operating Partnership, L.P. (the “Operating Partnership”), has closed its previously announced underwritten public offering of
The Operating Partnership intends to use the net proceeds of the offering to repay its consolidated secured debt and for general corporate purposes, which may include the repayment, repurchase or other retirement of other indebtedness.
The offering of the Notes was made pursuant to an effective shelf registration statement and related prospectus and preliminary prospectus supplement filed by the Company with the Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities nor will there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
About Brandywine Realty Trust
Brandywine Realty Trust (NYSE: BDN) is one of the largest, publicly traded, full-service, integrated real estate companies in the United States with a core focus in Philadelphia, PA and Austin, TX. Organized as a real estate investment trust (REIT), we own, develop, lease and manage an urban, town center and transit-oriented portfolio comprising 122 properties and 19.0 million square feet as of June 30, 2025. Our purpose is to shape, connect and inspire the world around us through our expertise, the relationships we foster, the communities in which we live and work, and the history we build together. For more information, please visit www.brandywinerealty.com.
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements can generally be identified by our use of forward-looking terminology such as “will,” “strategy,” “expects,” “seeks,” “believes,” “potential,” or other similar words. Because such statements involve known and unknown risks, uncertainties and contingencies, actual results may differ materially from the expectations, intentions, beliefs, plans or predictions of the future expressed or implied by such forward-looking statements. These forward-looking statements are based upon the current beliefs and expectations of our management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and not within our control. Such risks, uncertainties and contingencies include, among others: reduced demand for office space and pricing pressures, including from competitors, changes to tenant work patterns that could limit our ability to lease space or set rents at expected levels or that could lead to declines in rent; uncertainty and volatility in capital and credit markets, including changes that reduce availability, and increase costs, of capital or that delay receipt of future debt financings and refinancings; the effect of inflation and interest rate fluctuations, including on the costs of our planned debt financings and refinancings; the potential loss or bankruptcy of tenants or the inability of tenants to meet their rent and other lease obligations; risks of acquisitions and dispositions, including unexpected liabilities and integration costs; delays in completing, and cost overruns incurred in connection with, our developments and redevelopments; disagreements with joint venture partners; unanticipated operating and capital costs; uninsured casualty losses and our ability to obtain adequate insurance, including coverage for terrorist acts; additional asset impairments; our dependence upon certain geographic markets; changes in governmental regulations, tax laws and rates and similar matters; unexpected costs of REIT qualification compliance; costs and disruptions as the result of a cybersecurity incident or other technology disruption; reliance on key personnel; and failure to maintain an effective system of internal control, including internal control over financial reporting. The declaration and payment of future dividends (both timing and amount) is subject to the determination of our Board of Trustees, in its sole discretion, after considering various factors, including our financial condition, historical and forecast operating results, and available cash flow, as well as any applicable laws and contractual covenants and any other relevant factors. Our Board’s practice regarding declaration of dividends may be modified at any time and from time to time. Additional information on factors which could impact us and the forward-looking statements contained herein are included in our filings with the Securities and Exchange Commission, including our Form 10-K for the year ended December 31, 2024. We assume no obligation to update or supplement forward-looking statements that become untrue because of subsequent events except as required by law.
Company / Investor Contact:
Tom Wirth
EVP & CFO
610-832-7434
tom.wirth@bdnreit.com
FAQ
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