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Piedmont Realty Trust issues $230 million 2.875% notes due 2031

Piedmont Realty Trust issued $230 million of 2.875% exchangeable senior notes due 2031 under a new indenture, including $30 million of option notes, and said the proceeds refinance higher-cost debt and bolster liquidity.

PDM

875% Exchangeable Senior Notes due 2031 under a new indenture, including $30 million of option notes, to refinance higher-cost debt and strengthen liquidity. 0514 shares per $1,000.