Safehold Announces Pricing of $400 Million of Senior Unsecured Notes Due 2035
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Safehold Inc. has announced the pricing of a $400 million public offering of senior unsecured notes due in 2035, with an interest rate of 5.650%.

November 12, 2024 | 11:45 pm
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NEUTRAL IMPACT
Safehold Inc. has priced a $400 million public offering of senior unsecured notes with a 5.650% interest rate, maturing in 2035.
The issuance of $400 million in senior unsecured notes could impact Safehold's credit profile and financial strategy. The fixed interest rate of 5.650% provides a predictable cost of capital, but the long-term debt could affect leverage ratios. The market's reaction will depend on how investors perceive the use of proceeds and the company's overall financial health.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100