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Stock impact report

Vornado Extends One of its Two Revolving Credit Facilities [Yahoo! Finance]

Vornado Realty Trust (VNO) 
Last vornado realty trust earnings: 2/18 04:38 pm Check Earnings Report
US:NYSE Investor Relations: vno.com/investor-relations/overview
Company Research Source: Yahoo! Finance
revolving credit facilities from April 2026 to April 2029 (as fully extended). The available borrowing amount under the facility was reduced from $1.25 billion to $915 million. The new facility bears interest at a rate of SOFR plus 1.20%. The facility fee is 0.25%. Vornado's other unsecured revolving credit facility, in the amount of $1.25 billion, matures in December 2027 (as fully extended) and has an interest rate of SOFR plus 1.14% and a facility fee of 0.25%. The joint lead arrangers and joint bookrunners for the extended facility are JPMorgan Chase Bank, N.A., BofA Securities, Inc., PNC Capital Markets LLC, U.S. Bank National Association, and Wells Fargo Securities LLC. JPMorgan Chase Bank, N.A. serves as Administrative Agent and J.P. Morgan Securities LLC serves as Sustainability Structuring Agent. Bank of America, N.A., PNC Bank, National Association, U.S. Bank National Association and Wells Fargo Bank, National Association serve as Co-Syndication Agents. BMO Capital Marke Show less Read more
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