Navigation Links
BioMed Realty Trust Converts $156.4 Million Of Its Senior Unsecured Term Loan To 100 Million Pounds Sterling
Date:8/2/2012

SAN DIEGO, Aug. 2, 2012 /PRNewswire/ -- BioMed Realty Trust, Inc. (NYSE: BMR) announced today that the company has closed on an amendment to its senior unsecured term loan facility which converts $156.4 million of the $400 million principal amount outstanding to 100 million pounds sterling and provides for the base rate index on this portion of the facility to be GBP 1-month LIBOR. All other material terms and conditions of the term loan facility remain unchanged, including the interest rate margin of 165 basis points and maturity date of March 30, 2017.

Concurrent with the closing of the amendment, the company entered into interest rate swap agreements that effectively fix the pound sterling denominated interest payments on this portion of the term loan at approximately 2.39% for the remaining term, subject to adjustments based on BioMed Realty's credit ratings.

Greg Lubushkin, Chief Financial Officer of BioMed Realty, remarked, "We are very pleased with the efficient execution of this amendment to our unsecured term loan facility, which will serve as an effective hedge against foreign currency exposure associated with our recently announced acquisition of the Granta Park campus in Cambridge, United Kingdom.  This transaction exemplifies the breadth of our financing activity throughout the first half of 2012 and our focus on maintaining our strong balance sheet and liquidity to leverage BioMed Realty's expertise in life science real estate for the benefit of our shareholders."

About BioMed Realty Trust

BioMed Realty Trust, Inc. is a real estate investment trust (REIT) focused on Providing Real Estate to the Life Science Industry®. The company's tenants primarily include biotechnology and pharmaceutical companies, scientific research institutions, government agencies and other entities involved in the life science industry. BioMed Realty owns or
'/>"/>

SOURCE BioMed Realty Trust, Inc.
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2 3

Related medicine technology :

1. Medical Device Developers - Network at BIOMEDevice Boston Next Week
2. Biomedical Advanced Research and Development Authority (BARDA) Exercises Option with Pfenex Inc. To Extend Contract for the Development of a Recombinant Protective Antigen (rPA) Based Anthrax Vaccine
3. Cardium Announces Agreement With UK-Based Angel Biomedical For Excellagen Supply And Planned European Market Expansion
4. Fluke Biomedical launches speedy new ProSim™ SPOT Light SpO2 Functional Tester
5. Oramed Pharmaceuticals to Present at the 11th National Life Science & Technology Week ILSI-BIOMED Conference; Tel Aviv, Israel, 2012
6. Fluke Biomedical device first to achieve environmentally-friendly label
7. NexGen Biomedical, Inc. Provides New Insights Into Jett Travoltas Seizure Related Death
8. 81,200 Square Foot Lease Extension In San Diego Through 2018 Signed By Vertex Pharmaceuticals And BioMed Realty
9. The Biomedical Device Industry in America: Challenges at Home and Abroad
10. BioMed Diagnostics Microbiology Diagnostic Devices Now Available Worldwide Through Distribution Agreement With VWR International, LLC
11. Inaugural Harris Poll Physician Pulse(SM) Study: Viagra® and Cialis® are Highest Ranked in Trust
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/24/2014)...   Assurex Health, a personalized medicine company ... for behavioral health and chronic pain conditions, today ... equity financing from new and existing investors, according ... Chief Executive Officer. The financing will ... Health,s GeneSight ®  products.  GeneSight,s patented ...
(Date:12/24/2014)... RALEIGH, N.C. , Dec. 23, 2014 ... plc (NASDAQ: ENDP ) (TSX: ENL), and ... announced today that they have submitted a New Drug ... U.S. Food and Drug Administration (FDA).  Buprenorphine HCl Buccal ... severe enough to require daily, around-the-clock, long-term opioid treatment ...
(Date:12/22/2014)... 22, 2014 Research and Markets ( ... "US Self-monitoring Blood Glucose Market" report to their ... This market insight focuses on the developments in ... United States . Reimbursement analysis and the effects ... for more than 73 SMBG meters have been performed, ...
Breaking Medicine Technology:Assurex Health Secures $30 Million Financing Round to Continue Growth in Neuropsychiatric Pharmacogenomics 2Assurex Health Secures $30 Million Financing Round to Continue Growth in Neuropsychiatric Pharmacogenomics 3Assurex Health Secures $30 Million Financing Round to Continue Growth in Neuropsychiatric Pharmacogenomics 4Endo Pharmaceuticals and BioDelivery Sciences Announce NDA Submission for Buprenorphine HCl Buccal Film for the Management of Moderate to Severe Chronic Pain 2Endo Pharmaceuticals and BioDelivery Sciences Announce NDA Submission for Buprenorphine HCl Buccal Film for the Management of Moderate to Severe Chronic Pain 3Endo Pharmaceuticals and BioDelivery Sciences Announce NDA Submission for Buprenorphine HCl Buccal Film for the Management of Moderate to Severe Chronic Pain 4Endo Pharmaceuticals and BioDelivery Sciences Announce NDA Submission for Buprenorphine HCl Buccal Film for the Management of Moderate to Severe Chronic Pain 5US Self-monitoring Blood Glucose Market 2
... In strong collaboration with clinical research partners, Hocoma recently ... LokomatPro that offers greater system capabilities. Since the launch ... LokomatPro has established itself as an effective intervention for ... and injuries resulting in gait impairment. ...
... of a clinical research study at Sharp Memorial Hospital indicate ... functional recovery, survival and quality of life at ... for heart failure.  The study was released in the June ... of Cardiology. (Photo: http://photos.prnewswire.com/prnh/20110628/LA27443 ) ...
Cached Medicine Technology:Hocoma Launches New Version of its Established Gait Training Device LokomatPro 2New Study Shows Viability of Heart Pumps for Older Heart-Failure Patients 2New Study Shows Viability of Heart Pumps for Older Heart-Failure Patients 3
(Date:12/25/2014)... When head lice hits a home or ... to get rid of it while keeping it from taking ... now have the solution right in their neighborhood: Lice ... Troopers provides full spectrum head lice screening and treatment services ... Sunset, Key Biscayne, Brickell, Coconut Grove, Kendall, Pinecrest and South ...
(Date:12/25/2014)... Dec. 25, 2014 (HealthDay News) -- The risk of ... holidays, so you need to be extra cautious, an ... we see a significant increase in patients coming in ... the Suffolk County Volunteer Firefighters Burn Center of Stony ... should be full of joy, but if not careful, ...
(Date:12/25/2014)... Dennis Thompson HealthDay ... Researchers could be closing in on a "fountain of youth" ... the health of older adults, a new study suggests. ... given a drug that targets a genetic signaling pathway linked ... Novartis report. The experimental medication, a version ...
(Date:12/25/2014)... “ SmileStix ” was featured on NewsWatch as ... coolest mobile applications on the iOS, Android, and Windows markets. ... conducted the app review and shared with viewers how this ... The old saying goes, “A picture says a thousand words.” ... describe a single image, because each picture holds a unique ...
(Date:12/25/2014)... Rosa, CA (PRWEB) December 25, 2014 ... department visits and 2 million hospital admissions across the ... and Prevention ). The CDC’s National Hospital Ambulatory ... departments through a survey conducted in 2010. They estimated ... department visits that resulted in a primary diagnosis of ...
Breaking Medicine News(10 mins):Health News:Coral Gables Florida Gets Ready to Be Lice-Free with Lice Troopers 2Health News:Don't Let Burns Mar Your Holidays 2Health News:Researchers Take 'First Baby Step' Toward Anti-Aging Drug 2Health News:Researchers Take 'First Baby Step' Toward Anti-Aging Drug 3Health News:An Application to Create Custom Stickers was Featured on NewsWatch Television on December 19, 2014 2Health News:Every Year Four Million Emergency Department Visits Result from Accidents Involving Bone Trauma 2Health News:Every Year Four Million Emergency Department Visits Result from Accidents Involving Bone Trauma 3Health News:Every Year Four Million Emergency Department Visits Result from Accidents Involving Bone Trauma 4
... 28 With audience members cheering and,famous Chicago chefs ... cooker for the finalists at Consorta,s Battle of the ... as the organic cucumbers he,serves the patients at Saint ... the event,s Gold Chef Award, becoming the reigning champion ...
... less likely to die if they are treated at ICUs ... as compared to patients treated at ICUs that allow any ... ALI is an inflammatory disorder of the lung often seen ... -- about 40 percent -- and worsen with age and ...
... study examined the possible associations between occupation and the ... that occupational exposures in farming and industry may be ... than 8 million Americans suffer from autoimmune diseases, in ... and several occupational exposures have been linked to systemic ...
... for centuries, meditation has recently inspired research into ... to heart attack prevention. A painful, progressive ... a high risk of depressiondouble the risk of ... of psychological distress. Increasingly, RA patients are ...
... aggressive over time, on average, than those who have ... less aggressive., Children with older sisters who are very ... brothers showed fairly stable levels of aggression over time., ... siblings influences the development of aggressive behavior in adolescence. ...
... in ones neighborhood are associated with greater asthma symptoms ... Canada. , Social environment has long been thought to ... but few studies have empirically tested social factors at ... for childhood asthma. , Edith Chen, Ph.D., of the ...
Cached Medicine News:Health News:National Battle of the Hospital Chefs Cooks Up a Winner 2Health News:Acute lung injury patients one-third less likely to die in 'closed' model ICUs 2Health News:Acute lung injury patients one-third less likely to die in 'closed' model ICUs 3Health News:Occupational exposures may be linked to death from autoimmune disease 2Health News:Occupational exposures may be linked to death from autoimmune disease 3Health News:Meditation therapy for rheumatoid arthritis patients 2Health News:Meditation therapy for rheumatoid arthritis patients 3Health News:Aggression in adolescents is influenced by siblings 2Health News:Dysfunctional families and bad neighborhoods may worsen asthma in children and adolescents 2Health News:Dysfunctional families and bad neighborhoods may worsen asthma in children and adolescents 3
... easy to operate and maintain. The units ... flexible snap-seal pockets which minimize the potential ... the water. Offered in two-, four-, and ... bags of various sizes. ThermoLine Thawing Systems ...
Conventional Digitally-Controlled Water Baths...
Dry thaws. Has an ingenious (pat. pending) massaging sytem that utilizes the tempered bladders as hands. There are no unreliable mechanical parts involved. Two pumps pressurize different segments of ...
... of two principal components. The AB5000 Console is ... pumps and can be used either in the ... The AB5000 Ventricle is a disposable blood pump ... ventricles of the heart and is designed to ...
Medicine Products: