Brixmor Operating Partnership completes $400 million 4.850% senior notes due 2033
Brixmor's operating partnership completed a $400 million offering of 4.850% senior notes maturing February 15, 2033, dated September 9, 2025. The company said it will use the net proceeds for general corporate purposes, including repaying indebtedness, and the notes are not guaranteed by Brixmor Property Group Inc. or its subsidiaries.
Key points
- Principal amount of $400 million; interest at 4.850% per year, paid semi-annually on February 15 and August 15, starting February 15, 2026
- Notes mature February 15, 2033, and are redeemable before December 15, 2032 at a make-whole price
- Indenture requires total unencumbered assets of at least 150% of total unsecured indebtedness
- Wells Fargo Securities, BofA Securities, Mizuho Securities and Truist Securities served as underwriter representatives under an agreement dated September 4, 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 September 09, 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.