Vornado Realty calls $510.22 million of 3.875%, 2.85% convertibles

By Marisa Wong

Madison, Wis., March 23 - Vornado Realty LP will redeem all $499,982,000 of its outstanding 3.875% exchangeable senior debentures and all $10,233,000 of its outstanding 2.85% convertible senior debentures due 2027, according to a notice.

The 2.85% convertibles will be redeemed on April 9, and the 3.875% exchangeables will be redeemed on April 18.

The redemption price for both series of debentures is par.

The real estate investment trust is based in New York City.

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