PDM ▼ -3.9% - Piedmont Realty Trust, Inc. $PDM - Piedmont Realty Trust Announces Pricing of $200,000,000 Exchangeable Senior Notes Offering Piedmont Realty Trust announced a $200 million offering of exchangeable senior notes, which likely weighed on the stock as investors assessed the dilution risk and additional debt burden. The 3.9% decline reflects typical market reaction to new debt issuance by REITs, where the capital raise and potential equity dilution can pressure near-term valuations. 14-SEP-2026 10:51 PM ET