PA00007908160001060386false 0000790816 2024-06-07 2024-06-07 0000790816 bdn:BrandywineOperatingPartnershipLPMember 2024-06-07 2024-06-07
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 
FORM
8-K
 
 
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 7, 2024
 
 
BRANDYWINE REALTY TRUST
BRANDYWINE OPERATING PARTNERSHIP, L.P.
(Exact name of registrant as specified in charter)
 
 
 
Maryland
(Brandywine Realty Trust)
  
001-9106
  
23-2413352
Delaware
(Brandywine Operating Partnership, L.P.)
  
000-24407
  
23-2862640
(State or Other Jurisdiction of
Incorporation or Organization)
  
(Commission
file number)
  
(I.R.S. Employer
Identification Number)
2929 Arch Street
Suite 1800
Philadelphia,
PA
19104
(Address of principal executive offices) (Zip Code)
(610)
325-5600
(Registrant’s telephone number, including area code)
 
 
Check the appropriate box below if the Form
8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
☐
Soliciting material pursuant to Rule
14a-12
under the Exchange Act (17 CFR
240.14a-12)
 
☐
Pre-commencement
communications pursuant to Rule
14d-2(b)
under the Exchange Act (17 CFR
240.14d-2(b))
 
☐
Pre-commencement
communications pursuant to Rule
13e-4(c)
under the Exchange Act (17 CFR
240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
 
Title of each class
  
Trading
Symbol(s)
  
Name of each exchange
on which registered
Common Shares of Beneficial Interest   BDN   NYSE
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule
12b-2
of the Securities Exchange Act of 1934
(§240.12b-2
of this chapter).
Brandywine Realty Trust
:
Emerging growth company ☐
Brandywine Operating Partnership, L.P.
:
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Brandywine Realty Trust
: ☐
Brandywine Operating Partnership, L.P.
: ☐
 
 
 
Item 8.01
Other Events.
On June 7, 2024 (the “Redemption Date”), Brandywine Operating Partnership, L.P., a Delaware limited partnership (the “Operating Partnership”), completed the previously announced redemption of approximately $113.42 million aggregate principal amount of its outstanding 4.10% Guaranteed Notes due October 1, 2024 (the “Notes”). The redemption price of the Notes was approximately $114.27 million. The redemption price includes approximately $0.85 million of accrued and unpaid interest to the Redemption Date. Interest ceased to accrue on the Notes upon completion of such redemption. The aggregate redemption price of the Notes was paid by the Operating Partnership from available cash balances.
 
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
 
B
RANDYWINE
R
EALTY
T
RUST
  By:  
/s/ Gerard H. Sweeney
  Gerard H. Sweeney
  President and Chief Executive Officer
B
RANDYWINE
O
PERATING
P
ARTNERSHIP
, L.P.
  By:   B
RANDYWINE
R
EALTY
T
RUST
,
ITS
G
ENERAL
P
ARTNER
  By:  
/s/ Gerard H. Sweeney
  Gerard H. Sweeney
  President and Chief Executive Officer
Date: June 7, 2024
v3.24.1.1.u2
Cover Page
Jun. 07, 2024
Entity Information [Line Items]  
Document Type 8-K
Document Period End Date Jun. 07, 2024
Entity Registrant Name BRANDYWINE REALTY TRUST
Entity Incorporation, State or Country Code MD
Entity File Number 001-9106
Entity Tax Identification Number 23-2413352
Entity Address, Address Line One 2929 Arch Street
Entity Address, Address Line Two Suite 1800
Entity Address, City or Town Philadelphia
Entity Address, State or Province PA
Entity Address, Postal Zip Code 19104
City Area Code 610
Local Phone Number 325-5600
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Shares of Beneficial Interest
Trading Symbol BDN
Security Exchange Name NYSE
Entity Emerging Growth Company false
Entity Central Index Key 0000790816
Amendment Flag false
BRANDYWINE OPERATING PARTNERSHIP, L.P.  
Entity Information [Line Items]  
Entity Registrant Name BRANDYWINE OPERATING PARTNERSHIP, L.P.
Entity Incorporation, State or Country Code DE
Entity File Number 000-24407
Entity Tax Identification Number 23-2862640
Entity Emerging Growth Company false
Entity Central Index Key 0001060386
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