08:09 AM EDT, 03/19/2026 (MT Newswires) -- SL Green Realty ( SLG/PI ) said Thursday it has refinanced and reduced the overall cost of $2 billion of its $2.4 billion corporate credit facility.

The maturity date of the facility's $1.25 billion revolving line of credit has been extended to June 2031 and its borrowing cost was lowered by 25 basis points to 125 basis points over the secured overnight financing rate, or SOFR, the company said.

In addition, the facility's $1.05 billion term loan has been split, resulting in a new $750 million term loan maturing in June 2031 with a borrowing cost reduced by 25 basis points to 145 basis points over SOFR. The remaining $300 million of the term loan will continue at its current terms, SL Green Realty ( SLG/PI ) said.

The existing $100 million term loan maturing November 2026 will remain outstanding on its current terms, the company said.