SAN DIEGO, Dec. 9 /PRNewswire-FirstCall/ -- BioMed Realty Trust, Inc. (NYSE: BMR) announced today the expiration and final results of the previously announced cash tender offer by its operating partnership, BioMed Realty, L.P., for any and all of its outstanding 4.50% Exchangeable Senior Notes due 2026 (the "Notes").
As of midnight, New York City time, on Tuesday, December 8, 2009, the scheduled expiration date of the tender offer, $61,270,000.00 in aggregate principal amount of the Notes, representing approximately 57% of the aggregate principal amount of the outstanding Notes prior to the tender offer, had been validly tendered and not properly withdrawn in the tender offer. All Notes validly tendered and not properly withdrawn in the tender offer have been accepted for payment by BioMed Realty, L.P. and will be cancelled.
The consideration to be paid for each $1,000 principal amount of the Notes was $1,000, plus accrued and unpaid interest up to, but not including, the date of purchase. Payment of the aggregate consideration of $61,806,112.50, including accrued and unpaid interest, will be made on the validly tendered Notes in accordance with the terms of the tender offer on December 11, 2009. After giving effect to the purchase of the tendered Notes, $46,150,000.00 aggregate principal amount of the Notes remains outstanding.
This announcement is for informational purposes only and is not an offer to buy, or the solicitation of an offer to sell, any Notes. The tender offer was made solely by and subject to the terms and conditions set forth in the Schedule TO (including the offer to purchase and related letter of transmittal) that was filed by BioMed Realty, L.P. with the Securities and Exchange Commission.
BioMed retained Credit Suisse Securities (USA) LLC to serve as the dealer manager a
|SOURCE BioMed Realty Trust, Inc.|
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