Vornado Prices $500M 5.75% Notes and Acquires $141M Plaza District Site
Vornado Realty Trust priced a $500 million 5.75% senior unsecured note due February 1, 2033, at 99.824% to yield 5.78%, raising $494 million to retire $400 million of June 2026 debt. Vornado acquired 18,400 sq ft Plaza District site for $141 million, crediting a $107 million mortgage toward purchase.
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