Veris Residential, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Senior Unsecured Notes (Tables)

Senior Unsecured Notes (Tables) - Senior Unsecured Notes [Member]

3 Months Ended

Mar. 31, 2021


		March 31,		December 31,	Effective
		2021		2020	Rate (1)
4.500% Senior Unsecured Notes, due April 18, 2022 (2)	$	300,000	$	300,000	4.612	%
3.150% Senior Unsecured Notes, due May 15, 2023 (2)		275,000		275,000	3.517	%
Principal balance outstanding		575,000		575,000
Adjustment for unamortized debt discount		(1,337)		(1,504)
Unamortized deferred financing costs		(718)		(843)

Total senior unsecured notes, net	$	572,945	$	572,653

(1)Includes the cost of terminated treasury lock agreements (if any), offering and other transaction costs and the discount/premium on the notes, as applicable.

(2)On May 6, 2021, the Company retired these notes earlier than their maturity, using net sales proceeds from office property sales currently under contract and having been completed subsequent to March 31, 2021, and borrowings under its newly-signed credit facility and term loan.

Mack-Cali Realty LP [Member]

Debt Instrument [Line Items]

Summary Of Senior Unsecured Notes


		March 31,		December 31,	Effective
		2021		2020	Rate (1)
4.500% Senior Unsecured Notes, due April 18, 2022 (2)	$	300,000	$	300,000	4.612	%
3.150% Senior Unsecured Notes, due May 15, 2023 (2)		275,000		275,000	3.517	%
Principal balance outstanding		575,000		575,000
Adjustment for unamortized debt discount		(1,337)		(1,504)
Unamortized deferred financing costs		(718)		(843)

Total senior unsecured notes, net	$	572,945	$	572,653

(1)Includes the cost of terminated treasury lock agreements (if any), offering and other transaction costs and the discount/premium on the notes, as applicable.

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details