Vornado Realty PINES (Public Income Notes) 7.875%

By: ,

 

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S&P Rating  BBB

Security Ticker Symbol   VNOD

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Market Traded ON   NYSE

Interest Payment Paid on the 1st of January, April, July and October beginning on 01/01/2010

Quarterly Interest   .492   Annual Interest   1.969

Securities may be redeemed, at the issuers option, as early as 10/01/2014 for a redemption price of $25/share plus accrued interest

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Interest Payment Will NOT be Qualified Distributions.  Payments are interest (not dividends) thus they do not qualify for preferential tax rates.

Maturity Date   10/01/2039

 

Company Investor Relations Page for Vornado Realty Trust

Below you can find the offering Prospectus and or final pricing documents

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Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
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