Brixmor unit completes $400 million 5.200% senior notes offering due 2032
Brixmor Operating Partnership, an indirect subsidiary of Brixmor Property Group Inc., completed a $400 million offering of 5.200% senior notes maturing April 1, 2032, on March 4, 2025. The company says net proceeds may be used for general corporate purposes, including repaying borrowings under its unsecured revolving credit facility, and the notes are not guaranteed by the parent company.
Key points
- Principal amount: $400 million of 5.200% senior notes due April 1, 2032, issued by the Operating Partnership
- Interest is payable semi-annually on April 1 and October 1, starting October 1, 2025
- Notes are unsecured and not guaranteed by Brixmor Property Group Inc. or its subsidiaries; the indenture requires total unencumbered assets of at least 150% of total unsecured indebtedness
- Underwriters were J.P. Morgan Securities LLC, BMO Capital Markets Corp., RBC Capital Markets, LLC and U.S. Bancorp Investments, Inc., under an agreement dated February 27, 2025
The filing
Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 04, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.