Brixmor to offer fixed-rate senior notes via three bookrunners

By William Gullotti

Buffalo, N.Y., Jan. 9 – Brixmor Operating Partnership LP intends to price dollar-denominated fixed-rate senior notes, according to a 424B5 filing with the Securities and Exchange Commission.

The notes feature a make-whole call followed by a par call.

Wells Fargo Securities, LLC, J.P. Morgan Securities LLC and PNC Capital Markets LLC are the joint bookrunning managers.

Bank of New York Mellon is the trustee.

Hogan Lovells US LLP is advising the issuer. Skadden, Arps, Slate, Meagher & Flom LLP is counsel for the underwriters.

Proceeds will be used for general corporate purposes, including repayment of outstanding debt.

New York-based Brixmor is the operating partnership through which Brixmor Property Group Inc. owns and operates retail shopping centers.

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