NorthStar Realty Finance Corp., a New York-based real estate investment trust, has announced the pricing of a private offering of $150 million of exchangeable senior notes issued by its operating partnership, NorthStar Realty Finance LP.The offering had an initial exchange rate of 59.1935 common shares per $1,000 principal amount of the notes, representing an exchange price of approximately $16.89 per common share, the REIT reported. The initial purchasers have been granted an option to buy up to $22.5 million in additional notes to cover any overallotments. The REIT can be found online at http://www.nrfc.com.
Processing Content
