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Brandywine Realty Trust Announces Tender Offer for Any and All of its Outstanding 4.10% Guaranteed Notes due 2024

PHILADELPHIA, April 15, 2024 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (the "Company") (NYSE:BDN) announced today that its operating partnership, Brandywine Operating Partnership, L.P. (the "Operating Partnership"), has commenced a cash tender offer (the "Tender Offer") for any and all of the $335,100,000 outstanding principal amount of its 4.10% Guaranteed Notes due October 1, 2024 (the "Notes"). Certain information regarding the Notes and the pricing for the Tender Offer is set forth in the table below. Title of Security CUSIP Number Principal AmountOutstanding U.S. TreasuryReference Security BloombergReference Page Fixed Spread 4.10%Guaranteed NotesdueOctober 1, 2024 105340 AN3 $335,100,000 4.250%U.S. TreasurydueSeptember 30, 2024 FIT3 0 bps             The "Purchase Price" offered per $1,000 principal amount of Notes validly tendered and accepted for purchase pursuant to the Tender Offer will be determined by the Dealer Managers referred to below in the manner described in the Offer to Purchase (as defined below) by reference to the fixed spread for the Notes specified above plus the yield based on the bid-side price of the ...