UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported):

August 25, 2004

 

SL GREEN REALTY CORP.

(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)

 

 

MARYLAND

(STATE OF INCORPORATION)

 

1-13199		13-3956775
(COMMISSION FILE NUMBER)		(IRS EMPLOYER ID. NUMBER)
420 Lexington Avenue		10170
New York, New York		(ZIP CODE)
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)

 

(212) 594-2700

(REGISTRANT’S TELEPHONE NUMBER, INCLUDING AREA CODE)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

Item 1.01.                          Entry into a Material Definitive Agreement

 

On August 25, 2004, SL Green Realty Corp. (the “Company”) entered into a Second Amended and Restated Credit and Guaranty Agreement (the “Agreement”) between the Company and Wells Fargo Bank, National Association, as administrative agent for the lenders named therein. Pursuant to the Agreement, the Company increased the capacity under the facility by $125.0 million to $325.0 million. In addition to making certain covenant modifications, the borrowing spreads over LIBOR were reduced and will range between 1.10 basis points and 1.40 basis points depending on the Company’s overall leverage ratio. In addition, the maturity date was extended to August 2009. The Company drew down $100.0 million upon entering into the Agreement and used the proceeds to repay $100.0 million under the Company’s unsecured revolving credit facility.

 

 

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SIGNATURES

 

         Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

 

		SL GREEN REALTY CORP.
	By:	/s/ Gregory F. Hughes
		Gregory F. Hughes
		Chief Financial Officer

Date:  August 31, 2004

 

 

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