BioMed Realty Trust says tender offer expired

AP News
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Posted: Dec 09, 2009 11:41 AM

BioMed Realty Trust Inc. said Wednesday that the tender offer by BioMed Realty LP for outstanding exchangeable senior notes due 2026 has expired.

Approximately $61.3 million of the notes were validly tendered and have been accepted by the operating partnership.

About $46.2 million of the notes are still outstanding, the real estate investment trust said.

Shares of BioMed Realty Trust shed 2 cents to $14.97 in morning trading.