Vornado Realty Trust Announces Cash Tender Offers

Vornado Realty Trust VNO announced today that it has commenced cash tender offers for any and all of its $382,046,000 principal amount of outstanding 3.625% Convertible Senior Debentures due 2026 and its $22,479,000 principal amount of outstanding 2.85% Convertible Senior Debentures. Upon the terms and subject to the conditions of the tender offers, the Securities will be purchased at a purchase price of $1,020 per $1,000 in principal amount of 2026 Debentures and $1,015 per $1,000 in principal amount of 2027 Debentures, in each case validly tendered and accepted for purchase, plus accrued and unpaid interest, if any, to, but not including, the date on which payment is made for the Securities that are purchased pursuant to the tender offers.