Safehold (SAFE) prices $400 million 2.800% senior notes due 2031.

Safehold (SAFE) announced today that its operating partnership has priced an offering of $400 million senior unsecured notes due 2031.  The notes were priced at a discount to yield 2.900% or +125 over the treasury curve.  The company said that proceeds would be used to repay borrowings under its revolving credit facility and provide funding for new investments.

 



 

04/28/2021