SL Green secures $2B refinancing for 245 Park Avenue

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Go back to SL Green secures $2B refinancing for 245 Park Avenue

SL Green Refinances 245 Park Avenue for $2.0 Billion

October 19, 2026 7:30 AM EDT

NEW YORK, Oct. 19, 2026 (GLOBE NEWSWIRE) -- SL Green Realty Corp. (NYSE: SLG), Manhattans largest office landlord, and its partner, a U.S. affiliate of Mori Trust Co., Ltd, today announced a $2.0 billion refinancing of 245 Park Avenue. The five-year, fixed rate financing was priced at a spread of 147 basis points above the US treasury index, resulting in an interest rate of 6.52%. SL Green hedged its share of the financing to an effective interest rate of 6.37%. The single asset, single borrower (SASB) CMBS execution was agented by world class institutions led by JPMorgan Chase... More