Latham & Watkins Advises on Safehold’s US$400 Million Senior Unsecured Notes Offering
Safehold Inc. (NYSE: SAFE) has announced that its operating company, Safehold GL Holdings LLC, has priced a public offering of US$400 million aggregate principal amount of its 5.650% senior notes due 2035. The notes will mature on January 15, 2035, and will be fully and unconditionally guaranteed by the company.
Latham & Watkins LLP represented Safehold in the offering with a corporate team led by Los Angeles and New York partner Julian Kleindorfer, Century City partner Lewis Kneib, and Chicago partner Jonathan Sarna, with associates Eric Finkelberg, Will Coughlin, and Dylan Shamoon. Advice was provided on tax matters by Los Angeles partner Ana O’Brien and counsel William Kessler, with associate Joseph Marcus.