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Vornado To Offer $750 Million in Green Bonds

Funds Initially To Be Used To Pay Off $675 Million Loan on theMart in Chicago
Vornado Realty Trust’s green bond offering is expected to pay off a $675 million loan on theMart in Chicago. (CoStar)
Vornado Realty Trust’s green bond offering is expected to pay off a $675 million loan on theMart in Chicago. (CoStar)

Vornado Realty Trust, through its operating partnership, is preparing a $750 million public debt offering to finance some of its green building initiatives that have higher rent and pricing than some other properties.

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