Brandywine Realty Trust (BDN) announced Thursday announced an underwritten public offering of 10 million common shares. The company also granted underwriters an option to purchase an additional 1.5 million shares.
The net proceeds of the offering, will be used for working capital, capital expenditures and other general corporate purposes, including acquisitions, developments and repayment, repurchase and refinancing of debt, said Brandywine.
For the offering, BofA Merrill Lynch and Citigroup are serving as the joint book-running managers.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.