Vornado Announces Underwriters of 6.75% Series H Cumulative Redeemable Preferred Stock Offering Exercised Over-Allotment
Topic 1 Business WireVornado Announces Underwriters of 6.75% Series H Cumulative Redeemable Preferred Stock Offering Exercised Over-Allotment Option June 17, 2005 FridayVORNADO REALTY TRUST (NYSE:VNO) today announced that the underwriters of its June 13, 2005 6.75% Series H Cumulative Redeemable Preferred Stock offering exercised substantially all of their over-allotment option and purchased an additional 500,000 preferred shares from the Company at $25.00 per share for gross proceeds of $12,500,000. Combined with the earlier sale, Vornado sold a total of 4,500,000 preferred shares for gross proceeds of $112,500,000.(NYSE:VNO)