PREIT ASSOCIATES L.P., as Issuer PENNSYLVANIA REAL ESTATE INVESTMENT TRUST, as Guarantor U.S. BANK NATIONAL ASSOCIATION, as Trustee INDENTURE Dated as of May 8, 2007 4.00% Exchangeable Senior Notes due 2012Indenture • May 10th, 2007 • Pennsylvania Real Estate Investment Trust • Real estate investment trusts • New York
INDENTURE dated as of May 8, 2007 among PREIT Associates L.P., a Delaware limited partnership (hereinafter called the “Issuer”), Pennsylvania Real Estate Investment Trust, an unincorporated association in business trust form created under Pennsylvania law pursuant to a Trust Agreement (hereinafter called the “Guarantor”), each having its principal office at 200 South Broad Street, Philadelphia, PA 19102, and U.S. Bank National Association, as trustee hereunder (hereinafter called the “Trustee”).
PREIT Associates L.P. $250,000,000 4.00% Exchangeable Senior Notes due 2012 Registration Rights AgreementRegistration Rights Agreement • May 10th, 2007 • Pennsylvania Real Estate Investment Trust • Real estate investment trusts • New York
PREIT Associates L.P., a Delaware limited partnership (the “Operating Partnership”) proposes to issue and sell to certain purchasers (the “Initial Purchasers”) its 4.00% Exchangeable Senior Notes due 2012 (the “Notes”), upon the terms set forth in the Purchase Agreement by and among the Operating Partnership, Pennsylvania Real Estate Investment Trust (the “Trust”), an unincorporated association in business trust form created under Pennsylvania law pursuant to a Trust Agreement, and the Initial Purchasers, dated as of May 2, 2007 (the “Purchase Agreement”), relating to the initial placement (the “Initial Placement”) of the Notes. In certain circumstances, the Notes will be exchangeable for common shares of beneficial interest, par value $1.00 per share (the “Shares”) of the Trust in accordance with the terms of the Notes and the Indenture (as defined below). The Trust will fully and unconditionally guarantee the payment by the Operating Partnership of principal and interest on the Notes
