SL Green Realty Corp (SL Green) has successfully extended the maturity date of its $1.25 billion revolving credit facility to June 2031.
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Meanwhile, the financing cost of this credit has also been reduced, adjusted to 125 basis points above the Secured Overnight Financing Rate (SOFR). This measure has significantly improved the company's liquidity position, extended the debt maturity, and optimized capital costs, providing greater financial flexibility for future business operations and potential investments.
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