SL Green issues 172,809 Series X Preferred Units at $25 liquidation preference for property acquisition

SL GREEN REALTY CORP

Issued 172,809 Series X Preferred Units as partial consideration for acquiring ownership interests in 800 Third Avenue property.
Units have $25.00 liquidation preference and pay 3.00% cumulative quarterly cash distribution ($0.75/unit/year).
Units are convertible into common units at $80 per unit; after conversion they may be redeemed for SLG common stock.
Issuance exempt from registration under Section 4(a)(2) of the Securities Act.
Units rank senior to common units and on parity with other preferred series (F, I, K, L, R, S, V, W).

item 1.01 item 3.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Equity Issuances SEC 8-K Item 3.02/3.03 confidence 0.9

SL GREEN REALTY CORP issued 172,809 Series X Preferred Units of preferred stock.

Security: preferred stock
Shares: 172,809 Series X Preferred Units

Exact text from the filing

issued as a portion of the consideration for the acquisition of ownership interests in certain commercial real estate property

View on SEC.gov

Browse all equity issuances →

SL GREEN REALTY CORP filing history →

Source: SEC EDGAR

accession 0001104659-25-105095

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.