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Published on 4/15/2014 in the Prospect News Investment Grade Daily.

BioMed Realty planning to price offering of senior notes

By Aleesia Forni

Virginia Beach, April 15 - BioMed Realty, LP is eyeing an offering of senior notes, according to a 424B5 filed with the Securities and Exchange Commission.

Wells Fargo Securities LLC, Deutsche Bank Securities Inc., KeyBanc Capital Markets Inc. and U.S. Bancorp Investments Inc. are the bookrunners.

Proceeds will be used to repay a portion of the debt under an unsecured line of credit and for other general corporate purposes and working capital.

The notes are guaranteed by BioMed Realty Trust, Inc.

BioMed Realty is a San Diego-based REIT of lab and office space for the life science industry.


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