SL Green Realty reports repurchasing $21.9 million of exchangeables

By Angela McDaniels

Tacoma, Wash., Jan. 25 - SL Green Realty Corp. has repurchased approximately $21.9 million of its exchangeable bonds since Oct. 1, according to its earnings release for the fourth quarter and full-year 2009.

The repurchases resulted in approximately $600,000 of gains on the early extinguishment of debt.

The company said it has repurchased approximately $779.2 million of its debt for about $577.3 million since October 2008, which resulted in gains on the early extinguishment of approximately $156.3 million.

SL Green is a New York real estate investment trust that focuses on Manhattan office properties.

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