#USA #New York #Senior Notes #Brixmor #NYSE BRX

Brixmor Property Group Successfully Prices Senior Notes Offering

Brixmor Property Group Inc., trading on the NYSE as BRX, has announced a significant financial move by pricing an offering of $400 million in senior notes, which have a fixed interest rate of 4.850%. This strategic financial decision comes amid the growing demand for investment in real estate, reflecting the company's robust operational strategy and market confidence.

The senior notes, which are set to mature in 2033, will be issued at a slight discount to par value, priced at 99.849%. Investors can expect interest payments to be distributed semi-annually, starting February 15, 2026. This structure provides a clear timeline for investors while contributing to the long-term investments that Brixmor is well-known for.

The closing of the offering is targeted for September 9, 2025, contingent upon the achievement of standard closing conditions. The funds garnered from this offering are anticipated to support various corporate objectives, which may encompass the repayment of existing debt. This initiative not only supports Brixmor's financial strategy but also enhances its position in the competitive real estate market.

Brixmor's operating partnership, Brixmor Operating Partnership LP, is responsible for this offering, with several prominent financial institutions acting as joint book-running managers. Wells Fargo Securities, BofA Securities, Mizuho Securities USA, and Truist Securities are at the forefront of this financial endeavor, showcasing the collaborative spirit present in major financial transactions of this nature.

Potential investors are urged to review the comprehensive prospectus related to the offering filed with the SEC, which includes essential details regarding the notes and the overall financial positioning of Brixmor. Understanding these aspects is crucial for informed investment decisions.

About Brixmor Property Group

Brixmor stands out in the real estate investment trust (REIT) sector, owning and managing a national portfolio of open-air shopping centers that span approximately 64 million square feet. Their commitment to fostering vibrant retail environments is evident through their extensive collaboration with over 5,000 national, regional, and local retailers, including well-known brands like The TJX Companies and Kroger. This impressive retail landscape highlights the company's goal of being a central figure in the communities they operate within.

As the company values communication with its investors, Brixmor maintains transparency through SEC filings, press releases, webcasts, and information disseminated on social media platforms. Investors are encouraged to leverage these resources for up-to-date insights.

In conclusion, the successful pricing of the senior notes reflects Brixmor Property Group's commitment to strengthening its financial foundation. The offering is expected not only to provide necessary capital for corporate purposes but also to affirm the company's role as a pivotal player in the commercial real estate market, adapting to economic shifts and consumer demands.

As Brixmor continues to innovate and grow, it sets a compelling example of how real estate companies can navigate the complexities of capital markets while remaining focused on community-centric retail solutions.