Brandywine Realty Trust Files 8-K
Ticker: BDN · Form: 8-K · Filed: Apr 5, 2024 · CIK: 790816
| Field | Detail |
|---|---|
| Company | Brandywine Realty Trust (BDN) |
| Form Type | 8-K |
| Filed Date | Apr 5, 2024 |
| Risk Level | low |
| Pages | 5 |
| Reading Time | 6 min |
| Key Dollar Amounts | $400 million, $340 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, material-agreement, financial-disclosure
TL;DR
Brandywine Realty Trust filed an 8-K on April 3, 2024, detailing material agreements and financial disclosures.
AI Summary
On April 3, 2024, Brandywine Realty Trust entered into a material definitive agreement related to its common stock. The filing also includes information on Regulation FD disclosures and financial statements and exhibits.
Why It Matters
This 8-K filing indicates significant corporate actions or disclosures by Brandywine Realty Trust, which could impact investors' understanding of the company's financial health and strategic direction.
Risk Assessment
Risk Level: low — This filing is a standard 8-K report detailing corporate events and disclosures, not indicating immediate financial distress or significant new risks.
Key Players & Entities
- Brandywine Realty Trust (company) — Filer of the 8-K
- Brandywine Operating Partnership, L.P. (company) — Related entity to Brandywine Realty Trust
FAQ
What is the primary purpose of this 8-K filing for Brandywine Realty Trust?
The primary purpose is to report the entry into a material definitive agreement, Regulation FD disclosures, and financial statements and exhibits.
What is the date of the report for this 8-K filing?
The conformed period of report is April 3, 2024, and the filing date is April 5, 2024.
What is the Central Index Key for Brandywine Realty Trust?
The Central Index Key for Brandywine Realty Trust is 0000790816.
What is the business address of Brandywine Realty Trust?
The business address is 2929 Arch Street, Suite 1800, Philadelphia, PA 19104.
What is the SIC code for Brandywine Realty Trust?
The Standard Industrial Classification code is 6798, which corresponds to Real Estate Investment Trusts.
Filing Stats: 1,424 words · 6 min read · ~5 pages · Grade level 10.6 · Accepted 2024-04-05 08:29:36
Key Financial Figures
- $400 million — ffering by the Operating Partnership of $400 million in aggregate principal amount of its 8.
- $340 million — he offering to repurchase or redeem the $340 million outstanding principal amount of its 4.1
Filing Documents
- d772854d8k.htm (8-K) — 46KB
- d772854dex11.htm (EX-1.1) — 179KB
- d772854dex12.htm (EX-1.2) — 38KB
- d772854dex51.htm (EX-5.1) — 19KB
- d772854dex991.htm (EX-99.1) — 11KB
- g772854g0405083615094.jpg (GRAPHIC) — 4KB
- g772854g0405083738795.jpg (GRAPHIC) — 3KB
- 0001193125-24-087957.txt ( ) — 522KB
- bdn-20240403.xsd (EX-101.SCH) — 5KB
- bdn-20240403_cal.xml (EX-101.CAL) — 1KB
- bdn-20240403_def.xml (EX-101.DEF) — 14KB
- bdn-20240403_lab.xml (EX-101.LAB) — 18KB
- bdn-20240403_pre.xml (EX-101.PRE) — 14KB
- d772854d8k_htm.xml (XML) — 5KB
Financial Statements and Exhibits
Financial Statements and Exhibits Exhibit Description 1.1 Underwriting Agreement, dated April 3, 2024, by and among Brandywine Operating Partnership, L.P. and Brandywine Realty Trust and BofA Securities, Inc. and Citigroup Global Markets Inc., as representatives of the several underwriters named in the Pricing Agreement. 1.2 Pricing Agreement, dated April 3, 2024, by and among Brandywine Operating Partnership, L.P. and Brandywine Realty Trust and BofA Securities, Inc. and Citigroup Global Markets Inc., as representatives of the several underwriters named in the Pricing Agreement, relating to the Notes. 4.1* Indenture, dated October 22, 2004, by and among Brandywine Operating Partnership, L.P., Brandywine Realty Trust, certain subsidiaries of Brandywine Operating Partnership, L.P. named therein and The Bank of New York Mellon, as Trustee (previously filed as an exhibit to Brandywine Realty Trust's Form 8-K filed on October 22, 2004 and incorporated herein by reference). 4.2* First Supplemental Indenture, dated as of May 25, 2005, by and among Brandywine Operating Partnership, L.P., Brandywine Realty Trust, certain wholly-owned subsidiaries of Brandywine Operating Partnership, L.P. named therein and The Bank of New York Mellon, as Trustee (previously filed as an exhibit to Brandywine Realty Trust's Form 8-K filed on May 26, 2005 and incorporated herein by reference). 4.3* Third Supplemental Indenture dated, as of April 5, 2011, by and among Brandywine Operating Partnership, L.P., Brandywine Realty Trust and The Bank of New York Mellon, as Trustee (previously filed as an exhibit to Brandywine Realty Trust's Form 8-K filed on April 5, 2011 and incorporated herein by reference). 5.1 Opinion of Troutman Pepper Hamilton Sanders LLP regarding the legality of the Notes and the related Guarantee. 23.1 Consent of Troutman Pepper Hamilton Sanders LLP (contained in Exhibit 5.1 hereto). 99.1 Press Release of Brandywine Realty Trust dated April 4,
Signatures
Signatures Pursuant to the requirements of the Securities and 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: April 5, 2024