Piedmont Realty Trust Announces Proposed Exchangeable Senior Notes Offering
Piedmont Realty Trust's operating partnership plans to issue $200 million in exchangeable senior notes due 2031 in a private placement, with an option for an additional $30 million. The notes will be senior unsecured obligations, exchangeable for cash and/or shares of Piedmont common stock. Proceeds from the offering, combined with other sources, w…