SL Green Realty Corp., New York, has priced a public offering of 5.6 million shares of 7.625% series C cumulative redeemable preferred stock.The shares have a liquidation preference of $25 per share and will be redeemable at par at the option of the company on or after Dec. 12, 2008, the company said. The underwriters have been granted a 30-day option to buy up to 840,000 additional shares of the stock to cover any overallotments. Wachovia Securities was the sole book-running manager for the offering. SL Green is a real estate investment trust that specializes in acquiring, owning, and managing office properties in Manhattan. It can be found online at http://www.slgreen.com.
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