SL Green Modifies and Extends Unsecured Credit Facility


SL Green Realty Corp. (NYSE: SLG), New York City’s largest commercial

property owner, today announced that it has received lender commitments

sufficient to modify and extend the $1.2 billion revolving line of

credit portion of its $2.0 billion unsecured corporate credit facility.

The maturity date of the revolving line of credit will be extended from

March 2018 to March 2020 and the cost reduced by 25 basis points. The

modification is expected to close in the first quarter of 2015, subject

to the satisfaction of customary terms and conditions.

Matt DiLiberto, SL Green’s Chief Accounting Officer and Treasurer,

commented, “The strength of our balance sheet combined with the

performance of our platform has garnered strong support from our

lenders. This most recent modification of our credit facility further

extends our debt maturity profile, reduces our overall cost of funds and

provides exceptional financial flexibility as we seek to continue to

take advantage of capital markets opportunities.”

Wells Fargo Securities, LLC; J.P. Morgan Securities LLC; Deutsche Bank

Securities Inc., and U.S. Bank National Association are Joint Lead

Arrangers, with Wells Fargo Bank, National Association serving as the

Administrative Agent, JPMorgan Chase Bank, N.A. serving as the

Syndication Agent and Deutsche Bank AG New York Branch and U.S. Bank

National Association serving as Co-Documentation Agents.

About SL Green Realty Corp.

SL Green Realty Corp., New York City’s largest office landlord, is a

fully integrated real estate investment trust, or REIT, that is focused

primarily on acquiring, managing and maximizing value of Manhattan

commercial properties. As of September 30, 2014, SL Green held interests

in 96 Manhattan buildings totaling 44.1 million square feet. This

included ownership interests in 28.0 million square feet of commercial

buildings and debt and preferred equity investments secured by 16.1

million square feet of buildings. In addition to its Manhattan

investments, SL Green held ownership interests in 35 suburban buildings

totaling 5.9 million square feet in Brooklyn, Long Island, Westchester

County, Connecticut and New Jersey. For more information, please visit:

Forward-looking Statement

This press release includes certain statements that may be deemed to

be “forward-looking statements” within the meaning of the Private

Securities Litigation Reform Act of 1995 and are intended to be covered

by the safe harbor provisions thereof. All statements, other than

statements of historical facts, included in this press release that

address activities, events or developments that we expect, believe or

anticipate will or may occur in the future, are forward-looking

statements. Forward-looking statements are not guarantees of future

performance and we caution you not to place undue reliance on such

statements. Forward-looking statements are generally identifiable by the

use of the words “may,” “will,” “should,” “expect,” “anticipate,”

“estimate,” “believe,” “intend,” “project,” “continue,” or the negative

of these words, or other similar words or terms.

Forward-looking statements contained in this press release are

subject to a number of risks and uncertainties, many of which are beyond

our control, that may cause our actual results, performance or

achievements to be materially different from future results, performance

or achievements expressed or implied by forward-looking statements made

by us. Factors and risks to our business that could cause actual results

to differ from those contained in the forward-looking statements are

described in our filings with the Securities and Exchange Commission. We

undertake no obligation to publicly update or revise any forward-looking

statements, whether as a result of future events, new information or



SL Green Realty Corp.
Matt DiLiberto, 212-594-2700

Accounting Officer & Treasurer

Source: SL Green Realty Corp.

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