First Potomac Realty Trust files $300 million shelf

By Ted A. Knutson

Washington, Nov. 30 - First Potomac Realty Trust filed a $300 million shelf with the Securities and Exchange Commission Tuesday that contains the potential for convertibles.

The shelf specifically includes common shares, senior and subordinated debt securities and preferred shares.

The Richmond, Va.-based real estate investment trust plans to use proceeds from offerings authorized by the shelf for general corporate purposes including the possibilities of debt repayment and the improvement and acquisition of properties.

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