The Firm recently represented underwriters, led by Wells Fargo Securities, J.P. Morgan and Citi, in a $325 million public offering of 4.95% Guaranteed Notes due 2018 of Brandywine Operating Partnership, L.P., which are guaranteed by its parent company, Brandywine Realty Trust.
The net proceeds of the offering are being used to reduce borrowings and for general corporate purposes.
Brandywine Realty Trust is a real estate investment trust that has a portfolio of office and industrial properties in and surrounding Philadelphia, Pennsylvania, Metropolitan Washington, D.C., Southern and Central New Jersey, Richmond, Virginia, Wilmington, Delaware, Austin, Texas, and Oakland, Concord, Carlsbad and Rancho Bernardo, California.
The Simpson Thacher team for the transaction included, among others, Glenn M. Reiter and Dov Gottlieb (Capital Markets), Daniel Foster (Tax), and Andrew Pagliughi (Blue Sky).