Vornado Prices $500M 5.75% Notes at 99.824%, Nets $494M to Refinance

VNOpMVNOpM•133d ago

Vornado Realty Trust priced a $500 million offering of 5.75% senior unsecured notes due February 1, 2033, at 99.824% to yield 5.78%. Net proceeds of approximately $494 million will repay $400 million of unsecured notes maturing June 1, 2026, with remaining funds for general corporate purposes.

Vornado Prices $500M 5.75% Notes at 99.824%, Nets $494M to Refinance

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Vornado Prices $500M 5.75% Notes at 99.824%, Nets $494M to Refinance

Related News

Vanguard’s BondBuilder ETFs Gain $242M, Fuel $70B Target-Maturity Segment

Belite Bio Begins FDA NDA Rolling Submission, Q1 Loss Widens on $15.7M R&D

Hedge Funds Back Nvidia-Powered AI Data Centers as Shares Fall 1.3% After $80B Buyback

J.P. Morgan Joins SpaceX $1.75 Trillion Nasdaq IPO With $1.45B Bitcoin Disclosure

Goldman Sachs Warns of Record 8.7M bpd Oil Draws, Inventories at Eight-Year Low

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