Safehold closes $225M private placement of 30-year senior unsecured notes

Safehold Inc.'s operating company completed a private placement of $225 million in senior unsecured notes due 2056 with a stairstep coupon structure starting at 4.00% and reaching 6.615% by year 21. The offering lengthens the company's debt maturity profile and provides capital for general corporate purposes including ground lease investments and debt repayment.