secwatch / observer
8-K filed April 11, 2024, 7:59 PM ET ticker ESRT CIK 0001541401
debt confidence high sentiment neutral materiality 0.50

Empire State Realty Trust, Inc. (ESRT): debt financing — Empire State Realty Trust issues $225M green senior unsecured notes at 7.20%-7.41%

Empire State Realty Trust, Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Empire State Realty Trust, Inc. incurred senior notes of $225 million, consisting of (a) $155 million aggregate principal amount of 7.20% Series I Green Guaranteed Senior Notes with the purchasers named therein at 7.20% Series I ... 7.32% Series J ... 7.41% Series K maturing June 17, 2029 ... June 17, 2031 ... June 17, 2034.

Instrument
senior notes
Principal
$225 million, consisting of (a) $155 million aggregate principal amount of 7.20% Series I Green Guaranteed Senior Notes
Counterparty
the purchasers named therein
Rate
7.20% Series I ... 7.32% Series J ... 7.41% Series K
Maturity
June 17, 2029 ... June 17, 2031 ... June 17, 2034
Event
incurrence
Exact text from the filing
On April 10, 2024, Empire State Realty Trust, Inc. (the “Company”) and Empire State Realty OP, L.P. (the “Operating Partnership”), the operating partnership subsidiary of the Company, entered into a Note Purchase Agreement with the purchasers named therein (the “Purchase Agreement”) in connection with a private placement of the Operating Partnership’s green guaranteed senior unsecured notes (the “Notes”). Under the Purchase Agreement, the Operating Partnership will issue and sell an aggregate $225 million of its Notes, consisting of (a) $155 million aggregate principal amount of 7.20% Series I Green Guaranteed Senior Notes due June 17, 2029, (b) $45 million aggregate principal amount of 7.32% Series J Green Guaranteed Senior Notes due June 17, 2031 and (c) $25 million aggregate principal amount of 7.41% Series K Green Guaranteed Senior Notes due June 17, 2034.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.99

Empire State Realty Trust, Inc. entered into Purchase Agreement with the purchasers named therein valued at $225 million (effective 2024-04-10).

Action
entry
Agreement
notes offering
Counterparty
the purchasers named therein
Value
$225 million
Effective
2024-04-10
Exact text from the filing
On April 10, 2024, Empire State Realty Trust, Inc. (the “Company”) and Empire State Realty OP, L.P. (the “Operating Partnership”), the operating partnership subsidiary of the Company, entered into a Note Purchase Agreement with the purchasers named therein (the “Purchase Agreement”)
View on SEC.gov

304 debt financings filed in the last 30 days. Browse all debt financings →

Empire State Realty Trust, Inc. filing history →

Source: SEC EDGAR
accession 0001104659-24-046285
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