Piedmont Office Realty Trust Obtains $500 Million Unsecured Line of Credit

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Piedmont Office Realty Trust, Inc.
PDM
announced today that it replaced an expiring credit facility with a $500 million unsecured line of credit.  J.P. Morgan Securities LLC and RBC Capital Markets LLC served together as joint lead arrangers and joint book runners for this financing.  In addition to the joint lead arrangers, JPMorgan Chase Bank serves as administrative agent, Royal Bank of Canada as syndication agent, and PNC Bank, SunTrust Bank and U.S. Bank as documentation agents.
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