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The latest announcement is out from Empire State Realty OP Series 250 (FISK).
On April 10, 2024, Empire State Realty Trust and its subsidiary entered a deal to privately place $225 million in green senior unsecured notes, due between 2029 and 2034, with interest rates from 7.20% to 7.41%. The proceeds will be used to repay debt and for general corporate purposes, aligned with the company’s Green Financing Framework. The notes, subject to closing conditions, are guaranteed by the company’s subsidiaries and entail covenants and financial ratios to ensure fiscal responsibility, while being exempt from SEC registration requirements.
Find detailed analytics on FISK stock on TipRanks’ Stock Analysis page.