Law & Health Weekly
Welcome to NewsRx!
Learn more about a six-week, no-risk free trial of Law & Health Weekly
We're a pay-per-view site for premium content. If you'd like to purchase this article, it's only $3.00.
Brandywine Realty Trust
Brandywine Realty Trust Announces Commencement of Public Offering of Common Shares
June 13th, 2009
Brandywine Realty Trust (the "Company") (NYSE:BDN) announced that it has commenced a public offering of 30 million common shares. In addition, the Company expects to grant to the underwriters for the public offering an option for 30 days to purchase up to 4.5 million additional common shares to cover overallotments, if any. Merrill Lynch & Co., J.P.Morgan and Citi will serve as the joint book-running managers. The Company plans to use the net proceeds from the sale of common shares in this offering to reduce outstanding borrowings under its $600 million unsecured revolving credit facility and for general corporate purposes. This offering will be made...
Source: Law & Health Weekly (2009-06-13)
|
