Safehold (SAFE) said late Tuesday its operating company, Safehold GL Holdings, priced a public offering of $400 million worth of 5.650% senior notes due 2035 at 98.812% of the principal amount.
The offering is expected to settle on Thursday.
The operating company intends to use the net proceeds for general corporate purposes.
Price: 20.52, Change: +0.01, Percent Change: +0.05