The Firm recently represented underwriters, led by BofA Merrill Lynch, J.P. Morgan, Wells Fargo Securities and RBS, in a $250 million public offering of 7.50% Guaranteed Notes due 2015 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.
The Firm had represented underwriters in a $250 million public offering of common shares of beneficial interest by Brandywine Realty Trust in June 2009.
Brandywine Realty Trust is a real estate investment trust that has a portfolio of office and industrial properties in the mid-Atlantic region, Texas and California.
The Simpson Thacher team for the transaction included, among others, Glenn M. Reiter, Frank Kwok and Aby Castro (Capital Markets), Krista McManus and Daniel Molina (Real Estate), and Andrew Pagliughi and Jennie Getsin (Blue Sky).