Vornado Realty Trust (NYSE:VNO) announced that Vornado Realty L.P., the
operating partnership through which Vornado Realty Trust conducts its
business and holds substantially all of its assets, has today called for
redemption of all of the $500 million principal amount of its
outstanding 4.250% Notes. The Notes, which were scheduled to mature on
April 1, 2015, will be redeemed on January 1, 2015 at a redemption price
of 100% of the principal amount plus accrued interest through December
31, 2014.
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 Vornado 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 transactions described above as
described in the above-referenced prospectus supplement under “Risk
Factors” and those described in Vornado Realty L.P.’s Annual Report on
Form 10-K for the year ended December 31, 2013, under Item 1.A, Risk
Factors, copies of which may be obtained at the website of the
Securities and Exchange Commission at www.sec.gov.
Copyright Business Wire 2014