Brandywine Realty announces expiration of tender offer for guaranteed notes

Brandywine Realty Trust announced today the expiration of the previously announced cash tender offer by its operating partnership, Brandywine Operating Partnership, LP for any and all of its outstanding 4.10% Guaranteed Notes due October 1, 2024. The Tender Offer expired at 5:00 p.m., New York City time, on Friday, April 19, 2024. As of the expiration of the Tender Offer, $221,601,000 or 66.13% of the $335,100,000 aggregate principal amount of the Notes had been validly tendered and not withdrawn in the Tender Offer and the related Notice of Guaranteed Delivery. The Operating Partnership accepted for purchase all of the Notes validly tendered and delivered in the Tender Offer at or prior to the Expiration Date. Payment for the Notes purchased pursuant to the Tender Offer is intended to be made on April 23, 2024.