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Brandywine Realty Trust nets $215M in debt offering

Brandywine Realty Trust's operating partnership closed a public offering of $100.0 million of its 4.100% guaranteed notes due 2024 and $100.0 million of its 4.550% guaranteed notes due 2029.

Net proceeds from the offering totaled about $214.7 million. Brandywine Operating Partnership LP will use the net proceeds to cut outstanding borrowings under its $600 million unsecured revolving credit facility and for other general corporate purposes.