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Published on 5/13/2021 in the Prospect News Green Finance Daily and Prospect News Investment Grade Daily.

Vornado Realty to price green notes in two parts due 2026 and 2031

By Devika Patel

Knoxville, Tenn., May 13 – Vornado Realty LP plans to offer green notes in two tranches due 2026 and 2031, according to a 424B5 filing with the Securities and Exchange Commission.

The notes feature a make-whole call and then a par call.

Citigroup Global Markets Inc., BMO Capital Markets Corp., J.P. Morgan Securities LLC and Mizuho Securities USA Inc. are the bookrunners.

Proceeds will be used for general eligible green projects.

The real estate investment trust is based in New York.


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