JPM · News · 20261019N

Structured Products Issuance Activity

JPMORGAN CHASE & CO · 2026-10-19 · Importance 6 · Surprise 6

JPMorgan acted as lead agent on a $2.0 billion refinancing of SL Green Realty’s 245 Park Avenue property. The five-year fixed-rate financing priced at a 147-basis-point spread over the U.S. Treasury index, producing a 6.52% interest rate. The transaction replaced $1.768 billion of prior mortgage and mezzanine financing and included participation from Bank of America, Deutsche Bank, Bank of Montreal, Goldman Sachs, Société Générale, and Citibank. JPMorgan’s role demonstrates continued debt-capital-markets activity in large single-asset, single-borrower commercial real-estate financing.