Vornado Prices $500M 5.75% Senior Notes Due 2033 at 99.824% Rate
Vornado Realty Trust priced $500 million of 5.75% senior unsecured notes due Feb. 1, 2033 at 99.824% of par, yielding 5.78%. Net proceeds of about $494 million will retire $400 million of 2026 unsecured notes, with remaining funds allocated to general corporate purposes ahead of a Jan. 14 closing.
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