Vornado Announces Redemption of 6.75% Series F and 6.75% Series H Cumulative Redeemable Preferred Shares
Vornado Realty Trust (NYSE:VNO) today announced that it is calling for
the redemption of all of its outstanding 6.75% Series F Cumulative
Redeemable Preferred Shares (“Series F shares”) and 6.75% Series H
Cumulative Redeemable Preferred Shares (“Series H shares”) on February
19, 2013 at a redemption price of $25.00 per share, or $262.5 million in
the aggregate, plus accrued and unpaid dividends through the date of
redemption. American Stock Transfer & Trust Company LLC is serving as
redemption agent.
Vornado Realty Trust is a fully-integrated equity real estate investment
trust.
Certain statements contained herein may constitute “forward-looking
statements” within the meaning of the Private Securities Litigation
Reform Act of 1995. Such forward-looking statements involve known and
unknown risks, uncertainties and other factors which may cause the
actual results, performance or achievements of the Company to be
materially different from any future results, performance or
achievements expressed or implied by such forward-looking statements.
Such factors include, among others, risks associated with the timing of
and costs associated with property improvements, financing commitments
and general competitive factors.
