Summary
NEW YORK - Vornado Realty Trust, a real estate investment trust, completed a $425 million refinancing of 2 Penn Plaza, a 1.6-million- square-foot office building at Penn Station in Manhattan, the company said.
Vornado, which has offices in New York and Paramus, said the seven-year loan bears interest of the Libor rate plus 2 percent, and the refinancing netted proceeds of about $139 million.See the full content of this document
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Vornado Refinances Manhattan Building
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