Aareal Capital Corporation Arranges USD 370 Million Syndicated Green Loan For Manhattan Office Building

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Aug 01, 2022

WIESBADEN, GERMANY / ACCESSWIRE / August 1, 2022 / Aareal Capital Corporation, a wholly owned subsidiary of Aareal Bank, announces the closing of a financing agreement with SL Green Realty Corp., a fully integrated real estate investment trust (REIT) and Manhattan's largest office landlord. Aareal Capital Corporation is acting as lead arranger, lender and agent for the USD 370 million senior mortgage facility that will be used to refinance the REIT's share in the office building known as 100 Church Street. A total of USD 290 million has been syndicated to Crédit Agricole Corporate & Investment Bank, Helaba and Deutsche Pfandbriefbank.