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Vornado Announces Public Offering of $450 Million 3.5% 7-Year Senior Unsecured Notes due 2025 and Calls for Redemption its $450 Million 2.5% Senior Unsecured Notes due 2019 and Calls for Redemption the Remaining $120 Million of its 6.625% Series I Cumulative Redeemable Preferred Shares

NEW YORK, Dec. 13, 2017 (GLOBE NEWSWIRE) — VORNADO REALTY TRUST (NYSE:VNO) announced that Vornado Realty L.P., the operating partnership through which Vornado Realty Trust conducts its business, has priced an offering of $450 million aggregate principal amount of 3.50% Senior Unsecured Notes due January 15, 2025. Interest on the notes will be payable semi-annually on January 15 and July 15, commencing July 15, 2018.  The notes were priced at 99.596% of their face amount to yield 3.565%.  Subject to customary closing conditions, the offering is expected to close on December 27, 2017. Citigroup Global Markets Inc., Deutsche Bank Securities Inc., […]

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Vornado Announces Public Offering of $450 Million 3.5% 7-Year Senior Unsecured Notes due 2025 and Calls for Redemption its $450 Million 2.5% Senior Unsecured Notes due 2019 and Calls for Redemption the Remaining $120 Million of its 6.625% Series I Cumulative Redeemable Preferred Shares

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