The Firm recently represented BofA Merrill Lynch and Citigroup in a public offering of common shares of beneficial interest by Brandywine Realty Trust.
Brandywine Realty Trust offered and sold 12,650,000 common shares. The net proceeds of the offering (approximately $182 million) are being used for general corporate purposes. The common shares are listed on the New York Stock Exchange under the symbol “BDN”.
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, Rhett Brandon, Karen Wang and Joo Hyun Lee (Capital Markets); Daniel Foster (Tax); and Jennie Getsin (Blue Sky).