---
schema_version: "secwatch.filing_event.v1"
accession: "0001541401-25-000031"
form_type: "8-K"
ticker: "ESRT"
cik: "0001541401"
company_name: "Empire State Realty Trust, Inc."
filed_at: "2025-10-16T23:59:59+00:00"
generated_at: "2026-05-17T03:32:43.290373+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Empire State Realty Trust issues $175M 5.47% senior notes due 2031

## Summary
- $175M aggregate principal of 5.47% Series L Senior Notes due Jan 7, 2031, sold via private placement.
- Closing scheduled for Dec 18, 2025; proceeds to refinance existing debt and for general corporate purposes.
- Notes are unsecured senior obligations guaranteed by certain subsidiaries; subject to financial covenants including max leverage 60%.
- Covenant includes total indebtedness to total asset value not to exceed 60%; secured debt not to exceed 40%; fixed charge coverage at least 1.50x.

## SEC filing metadata
- accession: 0001541401-25-000031
- form_type: 8-K
- ticker: ESRT
- cik: 0001541401
- company_name: Empire State Realty Trust, Inc.
- filed_at: 2025-10-16T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1541401/000154140125000031/0001541401-25-000031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1541401/000154140125000031/esrt-20251015.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001541401-25-000031
- JSON: https://secwatch.observer/filing/0001541401-25-000031.json
- Plain text: https://secwatch.observer/filing/0001541401-25-000031.txt

## Key facts
- Debt Financings
  Empire State Realty Trust, Inc. incurred senior notes of $175,000,000 aggregate principal amount with the purchasers named therein at 5.47% maturing January 7, 2031.
  - Instrument: senior notes
  - Principal: $175,000,000 aggregate principal amount
  - Counterparty: the purchasers named therein
  - Rate: 5.47%
  - Maturity: January 7, 2031
  - Event: incurrence
  source text: On October 15, 2025, 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 $175,000,000 aggregate principal amount of the Operating Partnership's 5.47% Series L Senior Notes due January 7, 2031 (the "Notes").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1541401/000154140125000031/0001541401-25-000031-index.htm

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