BioMed Prices Exchangeable Notes

September 21, 2006, 2:00 p.m. EDT 1 Min Read

BioMed Realty Trust Inc., a real estate investment trust based in San Diego, has announced the pricing of a private offering of $150 million of 4.50% exchangeable senior notes by its operating partnership, BioMed Realty LP.The notes, due 2026, will be fully and unconditionally guaranteed by BioMed Realty Trust and will be exchangeable for cash or a combination of cash and shares of BioMed Realty Trust common stock. BioMed, which specializes in developing and managing laboratory and office space in the life science industry, can be found online at http://www.biomedrealty.com.

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