SL Green Realty Announces 3 Columbus Circle $300 Million Financing Completed

SL Green Realty Corp. SLG today announced the refinancing of 3 Columbus Circle and repayment of the $250 million acquisition bridge loan that was originated in January 2011 by SL Green and Deutsche Bank. The new five-year $260 million mortgage loan, provided by The Bank of China, has an earn-out option that increases the loan up to $300 million upon achievement of certain performance thresholds.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsFinancingFinancialsOffice REIT's
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!