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Prospect News home > News index > List of issuers P > Headlines for Piedmont Office Realty Trust Inc. > News item
Published on 2/25/2014 in the Prospect News Investment Grade Daily.

Piedmont Office selling 10-year issue of senior notes

By Aleesia Forni

Virginia Beach, Feb. 25 - Piedmont Operating Partnership LP is preparing to price an issue of senior notes due 2024, according to a 424B5 filed with the Securities and Exchange Commission.

The bookrunners are BofA Merrill Lynch and U.S. Bancorp Investments Inc.

Proceeds will be used to repay outstanding secured mortgage debt.

The notes are guaranteed by Piedmont Office Realty Trust Inc.


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