Piedmont Realty Trust Inc., through its wholly owned subsidiary Piedmont Operating Partnership, LP, has issued $400 million in aggregate principal amount of 5.625% Senior Notes due 2033. The notes, which mature on January 15, 2033, are fully and unconditionally guaranteed by the company and will pay interest semi-annually at a rate of 5.625% per year, starting July 15, 2026. The issuance was made pursuant to an indenture originally dated March 6, 2014, and supplemented on November 20, 2025, with U.S. Bank Trust Company, National Association serving as trustee. The agreement includes covenants limiting the company's ability to incur additional debt and requires the maintenance of total unencumbered assets of at least 150% of total unsecured debt, among other provisions.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Piedmont Realty Trust Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-289778), on November 20, 2025, and is solely responsible for the information contained therein.
Comments