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Published on 11/4/2010 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

BioMed buys back $2.1 million exchangeables due 2026 in third quarter

By Melissa Kory

Cleveland, Nov. 4 - BioMed Realty Trust, Inc. said it repurchased $2.1 million of its exchangeable senior notes due 2026 during the third quarter ended Sept. 30.

The notes were repurchased at 100.3% of par.

The repurchase resulted in a $22,000 loss on extinguishment of debt.

BioMed is a San Diego-based real estate investment trust focused on biotech laboratory and office space properties.


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