---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-030508"
form_type: "8-K"
ticker: "SAFE"
cik: "0001095651"
company_name: "Safehold Inc."
filed_at: "2024-03-04T23:59:59+00:00"
generated_at: "2026-06-05T04:33:19.894611+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Safehold subsidiary prices $300M 6.100% senior notes due 2034; hedge gain lowers effective yield to ~5.32%

## Summary
- Safehold GL Holdings LLC issued $300M of 6.100% senior notes due 2034, guaranteed by Safehold Inc.
- Notes priced at 98.957% for effective yield of 6.240%; after $21M hedge gain, effective yield ~5.32%.
- Net proceeds to repay borrowings under $1.35B unsecured revolving credit facility and for general corporate purposes.
- Notes mature April 1, 2034; interest payable April 1 and October 1, starting October 1, 2024.
- Underwriters include J.P. Morgan, BofA Securities, Goldman Sachs, Truist; settlement on March 4, 2024.

## SEC filing metadata
- accession: 0001104659-24-030508
- form_type: 8-K
- ticker: SAFE
- cik: 0001095651
- company_name: Safehold Inc.
- filed_at: 2024-03-04T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1095651/000110465924030508/0001104659-24-030508-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1095651/000110465924030508/tm247810d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-030508
- JSON: https://secwatch.observer/filing/0001104659-24-030508.json
- Plain text: https://secwatch.observer/filing/0001104659-24-030508.txt

## Key facts
- Debt Financings
  Safehold Inc. incurred senior notes of $300,000,000 at 6.100% per annum maturing April 1, 2034.
  - Instrument: senior notes
  - Principal: $300,000,000
  - Rate: 6.100% per annum
  - Maturity: April 1, 2034
  - Event: incurrence
  source text: On March 4, 2024, Safehold GL Holdings LLC (the “Issuer”), a Delaware limited liability company and subsidiary of Safehold Inc. (the “Guarantor” or the “Company”), completed an underwritten public offering of $300,000,000 aggregate principal amount of its 6.100% Senior Notes due 2034 (the “Notes”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1095651/000110465924030508/0001104659-24-030508-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.