secwatch.observer — SEC 8-K summary
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Issuer:     SL GREEN REALTY CORP (SLG)
CIK:        0001040971
Form:       8-K
Filed at:   2025-11-03T23:59:59+00:00
Accession:  0001104659-25-105095
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1040971/000110465925105095/0001104659-25-105095-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1040971/000110465925105095/tm2529866d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-105095

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