Back to News
Jan 7, 2026 8:00 PM

Vornado Extends Maturities of $2 Billion of Revolving Credit Facility and Term Loan

NEW YORK, Jan. 07, 2026 (GLOBE NEWSWIRE) --

Vornado Realty Trust (NYSE:VNO) announced today that it has completed the following refinancings, totaling over $2.0 billion:

2031 Revolving Credit Facility, Vornado Realty L.P. extended the maturity date of this revolving credit facility from December 2027 to February 2031 (as fully extended). This $1.105 billion facility currently bears interest at a rate of SOFR plus 1.05% and has a facility fee of 0.25%

Term Loan - Vornado Realty L.P. concurrently extended the maturity date of its unsecured term loan from December 2027 to February 2031 (as fully extended) and upsized the loan amount to $850 million. The term loan currently bears interest at a rate of SOFR plus 1.20%.

2029 Revolving Credit Facility, In addition, Vornado Realty L.P. upsized this revolving credit facility that matures in April 2029 (as fully extended) by $85 million to $1.0 billion. This facility currently bears interest at a rate of SOFR plus 1.16% and a facility fee of ...