VORNADO REALTY TRUST 8-K

What Happened
Vornado Realty L.P., the operating partnership through which Vornado Realty Trust (VNO) operates, issued and sold $500,000,000 aggregate principal amount of 5.750% Notes due 2033 in an underwritten public offering on January 14, 2026. The offering was conducted pursuant to an effective shelf registration. Vornado Realty Trust is the sole general partner of, and owned about 91.5% of the common limited partnership interests in, the operating partnership as of September 30, 2025.

Key Details

• Aggregate principal: $500,000,000 of 5.750% senior notes maturing in 2033.
• Issuer: Vornado Realty L.P. (operating partnership); Vornado Realty Trust is sole general partner.
• Offering date / filing date: Notes sold January 14, 2026; underwriting agreement dated January 7, 2026.
• Underwriters’ representatives: BofA Securities, PNC Capital Markets, U.S. Bancorp Investments and Wells Fargo Securities.
• Legal opinions: Sullivan & Cromwell LLP (validity of the Notes) and Venable LLP (matters relating to Vornado Realty Trust) are included as exhibits.

Why It Matters
This transaction raises $500 million of long-term financing for Vornado’s operating partnership at a fixed interest rate of 5.75% through 2033. For investors, the offering affects the company’s capital structure (additional long-term debt and associated interest obligations) and increases liquidity available to the partnership; the filing does not specify use of proceeds. The included underwriting agreement and legal opinions are standard documentation for a public debt offering.