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Company NameFranklin Street Properties Corp.
Offering TypePrivate Placement - Senior Debt
Description4.260% Series B senior unsecured notes, due Dec 20, 2027
Currency of IssueUSD
Trading Symbol (Exchange)NA (OTC)
Announcement Date10/24/2017
Expected Completion12/20/2017
Completion Date12/20/2017
Mandatory Redemption?Yes
Exchange for Existing Issue?No

Use of Proceeds
The company intends to use proceeds from the offering to reduce the outstanding balance of the revolving line of credit under the BAML Credit Agreement and for general corporate purposes.

Offer Price ($)100.00
Yield to Maturity (%)4.260
Treasury Spread (%)1.560
Gross Amount Offered ($000)84,000
Amount Including Overallotment ($000)84,000
Minimum Denominations/Increments100,000/NA

UnderwritersShares UnderwrittenAmount Underwritten($000)
Placement Agent(s)
  J.P. Morgan Securities, Inc.--
  Merrill Lynch, Pierce, Fenner & Smith Incorporated--

Issuer's CounselWilmer Cutler Pickering Hale and Dorr, LLP

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