New Issue-First Potomac Realty sells $100 mln in pfds

Wed Jan 12, 2011 5:22pm EST

  Jan 12 (Reuters) - First Potomac Realty Trust (FPO.N) on
Wednesday sold $100 million of cumulative redeemable preferred
shares, said IFR, a Thomson Reuters service.
  The size of the deal was increased from an originally
planed $75 million.
  Wells Fargo Securities was the sole bookrunning manager
for the sale.
BORROWER: FIRST POTOMAC REALTY TRUST
AMT $100 MLN      DIVIDEND 7.75 PCT   MATURITY PERPETUAL 
TYPE PFD SHS      PAR PRICE 25        FIRST PAY 2/15/2011
MOODY'S N/A       SHARES 4 MLN        SETTLEMENT 1/18/2011
S&P N/A           SPREAD N/A          PAY FREQ QUARTERLY 
FITCH N/A                             NON-CALLABLE 5 YRS