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Vornado Realty Trust (LTS:0LR2) Variable Rate Debt (USD Mil) : 0.00 (As of . 20)


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What is Vornado Realty Trust Variable Rate Debt (USD Mil)?

In the railway industry, Variable Rate Debt (USD Mil) is a debt with an interest rate that fluctuates over time. It primarily consists of debt securities with nominal long-term maturities in which the interest rate is reset by a remarketing agent on a periodic basis.

The historical rank and industry rank for Vornado Realty Trust's Variable Rate Debt (USD Mil) or its related term are showing as below:


Vornado Realty Trust Variable Rate Debt (USD Mil) Historical Data

The historical data trend for Vornado Realty Trust's Variable Rate Debt (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Vornado Realty Trust Variable Rate Debt (USD Mil) Chart



Vornado Realty Trust  (LTS:0LR2) Variable Rate Debt (USD Mil) Explanation

Variable Rate Debt (USD Mil) is a debt with an interest rate that fluctuates over time. It primarily consists of debt securities with nominal long-term maturities in which the interest rate is reset by a remarketing agent on a periodic basis.

The variable interest rate fluctuates over time because it is based on an underlying benchmark interest rate or index that changes periodically with the market. So, variable interest debt is not as good as fixed-rate debt because the company cannot benefit from inflation. But in some conditions, a company might experience lower borrowing costs or reduce the impact of volatile investment earnings by issuing variable rate securities.


Vornado Realty Trust Variable Rate Debt (USD Mil) Related Terms

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Vornado Realty Trust (LTS:0LR2) Business Description

Industry
Address
888 Seventh Avenue, New York, NY, USA, 10019
Vornado owns and has an ownership interest in Class A office and retail properties highly concentrated in Manhattan, with additional properties in San Francisco and Chicago. It operates as a real estate investment trust.

Vornado Realty Trust (LTS:0LR2) Headlines

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