Company: SLG-PI
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001040971-25-000031
Chunk: 88

Company: SL GREEN REALTY CORP
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 1
Chunk 88
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30, 2025, the facility fee was 30 basis points.As of June 30, 2025, we had $7.5 million of outstanding letters of credit, $360.0 million drawn under the revolving credit facility and $1.15 billion of outstanding term loans, with total undrawn capacity of $882.5 million under the 2021 credit facility. As of June 30, 2025 and December 31, 2024, the revolving credit facility had a carrying value of $357.0 million and $316.2 million, respectively, net of deferred financing costs. As of June 30, 2025 and December 31, 2024, the term loans had a carrying value of $1.1 billion and $1.1 billion, respectively, net of deferred financing costs.The Company and the Operating Partnership are borrowers jointly and severally obligated under the 2021 credit facility.The 2021 credit facility includes certain restrictions and covenants (see Restrictive Covenants below).

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Table of ContentsSL Green Realty Corp. and SL Green Operating Partnership, L.P.Notes to Consolidated Financial Statements (cont.)June 30, 2025(unaudited)

Senior Unsecured NotesThe following table sets forth our senior unsecured notes and other related disclosures as of June 30, 2025 and December 31, 2024, respectively, by scheduled maturity date (dollars in thousands):IssuanceJune 30, 2025UnpaidPrincipalBalanceJune 30, 2025AccretedBalanceDecember 31,2024AccretedBalanceInterestRate (1)Initial Term(in Years)Maturity DateDecember 17, 2015 ⁽²⁾$100,000 $100,000 $100,000 4.27 %10December 2025$100,000 $100,000 $100,000 Deferred financing costs, net— (51)(103)$100,000 $99,949 $99,897 (1)Interest rate as of June 30, 2025.(2)Issued by the Company and the Operating Partnership as co-obligors in a private placement.Restrictive CovenantsThe terms of the 2021 credit facility and our senior unsecured notes include certain restrictions and covenants which may limit, among other things, our ability to pay dividends, make certain types of investments, incur additional indebted