secwatch.observer — SEC 8-K summary
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Issuer:     VORNADO REALTY LP (—)
CIK:        0001040765
Form:       8-K
Filed at:   2026-01-07T23:59:59+00:00
Accession:  0000899689-26-000003
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

Vornado extends credit facilities to 2031, increases term loan to $850M
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- Revolving credit facility amended: maturity extended to Feb 2031, amount reduced from $1.25B to $1.105B.
- Term loan extended to Feb 2031, amount increased from $800M to $850M; rate Term SOFR + 120 bps.
- Second revolver (2029 facility) increased from $915M to $1.0B; rate Term SOFR + 116 bps.
- Financial covenants unchanged: max debt 60% of capitalization value, fixed charge coverage ≥1.40x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1040765/000089968926000003/0000899689-26-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/899689/000089968926000003/vno-20260107.htm
  HTML page:      https://secwatch.observer/filing/0000899689-26-000003

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