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Brandywine shares drop as realty firm sells stock to pay debt

Shares of Brandywine Realty Trust fell as much as 10% in morning trading today, from yesterday's close of $6.91, as the Radnor-based office building owner put 30 million new shares on the market, in hopes of raising cash to pay down debt.

    by Joseph N. DiStefano
    Published 

Shares of Brandywine Realty Trust fell as much as 10% in morning trading today, from yesterday's close of $6.91, as the Radnor-based office building owner put 30 million new shares on the market, in hopes of raising cash to pay down debt. Note here, prospectus here.