January 12, 2011 / 10:23 PM / 7 years ago

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

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  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   

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