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Issuer Free Writing |
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Prospectus |
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Filed Pursuant to Rule 433 |
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Registration Statement No. |
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333-137376 |
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January 10, 2007 |
BIOMED REALTY TRUST, INC.
7.375% SERIES A CUMULATIVE REDEEMABLE PREFERRED STOCK
(LIQUIDATION PREFERENCE $25.00 PER SHARE)
Final Term Sheet
Issuer: BioMed Realty Trust, Inc.
Security: 7.375% Series A Cumulative Redeemable Preferred Stock
CUSIP: 09063H206
Size: 8,000,000 shares Over-allotment option: 1,200,000 shares
Type of security: SEC RegisteredRegistration Statement No. 333-137376; preliminary prospectus
supplement dated January 9, 2007
Public offering price: $25.00 per share, plus accrued dividends, if any, from the date of original
issuance; $200,000,000 total
Maturity: Perpetual
Underwriting discounts and commissions: $0.7875 per share; $6,300,000 total ($7,245,000 if
over-allotment option is exercised in full)
Proceeds to the Company, before expenses: $24.2125 per share; $193,700,000 total ($222,755,000
if over-allotment option is exercised in full)
Expected net proceeds after deducting underwriting discounts and commissions and estimated
transaction expenses payable by the Company: $193,200,000 ($222,255,000 if over-allotment option is
exercised in full).
Dividend rate: 7.375% per annum of the liquidation preference per share; $1.84375 per annum per
share, cumulative from and including the date of original issue (subject to the dividend rate
step-up to 8.375% per annum of the liquidation preference per share described in the prospectus
supplement)
Optional redemption: On or after January 18, 2012 (subject to the special optional redemption
right described in the prospectus supplement)
Settlement and delivery date: January 18, 2007
Selling concession: Not to exceed $0.50 per share
Reallowance to other dealers: Not to exceed $0.45 per share
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Joint Bookrunners:
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Wachovia Capital Markets, LLC
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1,734,400 shares |
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Morgan Stanley & Co. Incorporated
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1,732,800 shares |
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Raymond James & Associates, Inc.
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1,732,800 shares |
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Co-Managers:
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KeyBanc Capital Markets, a division of
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800,000 shares |
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McDonald Investments Inc. |
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Robert W. Baird & Co. Incorporated
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400,000 shares |
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Credit Suisse Securities (USA) LLC
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400,000 shares |
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Friedman, Billings, Ramsey & Co., Inc.
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400,000 shares |
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RBC Dain Rauscher Inc.
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400,000 shares |
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Stifel, Nicolaus & Company,
Incorporated
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400,000 shares |
This communication is intended for the sole use of the person to whom it is provided by us.
The issuer has filed a registration statement (including a prospectus dated September 15, 2006 and
a preliminary prospectus supplement dated January 9, 2007) with the SEC for the offering to which
this communication relates. Before you invest, you should read the prospectus in that registration
statement, the preliminary prospectus supplement and other documents the issuer has filed with the
SEC for more complete information about the issuer and this offering. You may get these documents
for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer,
any underwriter or any dealer participating in the offering will arrange to send you the prospectus
and related prospectus supplement if you request it from Wachovia Capital Markets, LLC by calling
toll-free 1-866-289-1262 or by emailing syndicate.ops@wachovia.com, Morgan Stanley & Co.
Incorporated by calling toll-free 1-866-718-1649, or Raymond James & Associates, Inc. by calling
toll-free 1-800-248-2586.
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