Vornado Realty L.P., founded in 1982 and headquartered in New York City, is a leading real estate investment trust (REIT) specializing in the ownership, development, and management of commercial properties. The company primarily focuses on office and retail properties in key urban markets, particularly in New York and Washington, D.C.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| VNO 2.15% 2026-06-01 USDVornado Realty L.P. | United States | 2026-06-01 | 2.150 | 4.44 |
| VNO 3.40% 2031-06-01 USDVornado Realty L.P. | United States | 2031-06-01 | 3.400 | 5.43 |
| VNO 5.75% 2033-02-01 USDVornado Realty L.P. | United States | 2033-02-01 | 5.750 | 5.70 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Vornado Realty L.P. began issuing bonds to finance its growth strategy in the late 1990s, with notable issuances including a $400 million bond in 2014 that featured a 4.0% coupon rate due in 2024. The company’s current bond yields are competitive within the REIT sector, and in 2022, it successfully launched a green bond initiative aimed at financing environmentally sustainable developments. Recent industry movements have focused on enhancing the sustainability of portfolios, with Vornado making strides to align its offerings with evolving investor preferences toward ESG-compliant assets.