Brandywine Realty Trust Announces Expiration of Tender Offer for the 2029 Notes
Brandywine Realty Trust announced the expiration of its tender offer to repurchase up to $70 million of its outstanding 8.875% guaranteed notes due 2029. Approximately 50.1% of the notes were tendered, resulting in $70 million accepted and purchased at a premium price. The purchase will be funded by cash on hand and/or borrowings, aiming to retire …