BioMed Realty, L.P. Prices $250 Mln Senior Notes Offering

BioMed Realty Trust Prices Public Offering - Quick Facts

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6/21/2012 4:06 PM ET

BioMed Realty Trust, Inc. (BMR: Quote) said Thursday that its operating partnership subsidiary, BioMed Realty, L.P., priced a public offering of $250 million aggregate principal amount of 4.25% Senior Notes due 2022.

The Notes were priced at 99.126% of the principal amount to yield 4.358% to maturity.

The operating partnership plans to use the net proceeds from the offering to repay a portion of the outstanding indebtedness under its unsecured line of credit and for other general corporate and working capital purposes.

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