Empire State Realty OP, L.P. announced that it has entered into note purchase agreement for a private placement of 7.20% notes due in June 2029 for proceeds of $155,000,000, 7.32% notes due in June, 2031 for proceeds of $45,000,000, and 7.41% notes due in June, 2034 for proceeds of $25,000,000 for aggregate gross proceeds of $225,000,000 on April 10, 2024. The transaction will include participation from high quality, existing and new institutional lenders. The notes are senior unsecured.

The notes have not been and will not be registered under the Securities Act of 1933, as amended. The notes are unconditionally guaranteed by each of the company?s subsidiaries that guarantees indebtedness under the operating partnership?s senior credit facility. The transaction is expected to close on June 17, 2024, subject to customary closing conditions.