iStar Financial calls remaining $375 million 5% notes due 2019

By Marisa Wong

Morgantown, W.Va., Feb. 8 – iStar Inc. will redeem the remaining $375 million of its outstanding 5% senior notes due July 2019 on March 7, according to an 8-K filing with the Securities and Exchange Commission.

The notes will be redeemed at par plus accrued interest to but excluding the redemption date.

The company originally issued $770 million of the notes in June 2014.

iStar is a New York-based investor and developer of real estate and real estate related projects.

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