Brandywine buys back $1.7 million 2010, 2012 notes in third quarter

By Melissa Kory

Cleveland, Oct. 28 - Brandywine Realty Trust repurchased $1.7 million of its 2010 and 2012 senior notes in various open-market transactions during the third quarter ended Sept. 30, the company said in its quarterly earnings release.

The company funded the repurchases with draws on its revolving credit facility and other available corporate funds.

Brandywine said it incurred a nominal loss on the early extinguishment of debt.

Brandywine is a real estate investment trust based in Radnor, Pa., that owns, develops and manages a primarily class A, suburban and urban office portfolio.

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