Empire State Realty OP, L.P. Enters Material Definitive Agreement
Ticker: OGCP · Form: 8-K · Filed: Oct 16, 2025 · CIK: 1553079
| Field | Detail |
|---|---|
| Company | Empire State Realty Op, L.P. (OGCP) |
| Form Type | 8-K |
| Filed Date | Oct 16, 2025 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.01, $175,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, financial-obligation, real-estate
Related Tickers: ESRT
TL;DR
ESRT OP entered a new deal, expect financial updates.
AI Summary
On October 15, 2025, Empire State Realty OP, L.P. entered into a material definitive agreement related to a financial obligation. The filing also includes financial statements and exhibits, indicating a significant financial event for the company.
Why It Matters
This filing signals a new financial commitment or obligation for Empire State Realty OP, L.P., which could impact its financial structure and future operations.
Risk Assessment
Risk Level: medium — The filing indicates a material definitive agreement and a direct financial obligation, which inherently carries financial risk.
Key Players & Entities
- Empire State Realty OP, L.P. (company) — Filer of the 8-K
- Empire State Realty Trust, Inc. (company) — Related company
- 2025-10-15 (date) — Date of the material definitive agreement
FAQ
What type of material definitive agreement was entered into by Empire State Realty OP, L.P.?
The filing indicates the entry into a material definitive agreement and a direct financial obligation, but the specific nature of the agreement is not detailed in the provided text.
What is the effective date of this agreement?
The effective date, as indicated by the filing date and date as of change, is October 15, 2025.
What are the Central Index Keys for the filers?
The Central Index Keys are 0001541401 for Empire State Realty Trust, Inc. and 0001553079 for Empire State Realty OP, L.P.
What is the business address for Empire State Realty OP, L.P.?
The business address is 111 WEST 33RD STREET, 12TH FL, NEW YORK, NY 10120.
What SEC Act does this filing fall under?
This filing is made under the 1934 Act.
Filing Stats: 1,127 words · 5 min read · ~4 pages · Grade level 10.9 · Accepted 2025-10-16 06:55:30
Key Financial Figures
- $0.01 — , Inc. Class A Common Stock, par value $0.01 per share ESRT The New York Stock Excha
- $175,000,000 — connection with a private placement of $175,000,000 aggregate principal amount of the Opera
Filing Documents
- esrt-20251015.htm (8-K) — 47KB
- empirestaterealty-2025note.htm (EX-10.1) — 756KB
- 0001541401-25-000031.txt ( ) — 1115KB
- esrt-20251015.xsd (EX-101.SCH) — 3KB
- esrt-20251015_def.xml (EX-101.DEF) — 18KB
- esrt-20251015_lab.xml (EX-101.LAB) — 33KB
- esrt-20251015_pre.xml (EX-101.PRE) — 19KB
- esrt-20251015_htm.xml (XML) — 7KB
01. Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement. On October 15, 2025, Empire State Realty Trust, Inc. (the "Company") and Empire State Realty OP, L.P. (the "Operating Partnership"), the operating partnership subsidiary of the Company, entered into a Note Purchase Agreement with the purchasers named therein (the "Purchase Agreement") in connection with a private placement of $175,000,000 aggregate principal amount of the Operating Partnership's 5.47% Series L Senior Notes due January 7, 2031 (the "Notes"). The sale and purchase of the Notes is scheduled to fund on December 18, 2025, subject to customary closing conditions. The issue price for the Notes is 100% of the aggregate principal amount thereof. Pursuant to the terms of the Purchase Agreement, the Operating Partnership may prepay all or a portion of the Notes upon notice to the holders at a price equal to 100% of the principal amount so prepaid plus a make-whole premium as set forth in the Purchase Agreement. The obligations of the Operating Partnership under the Notes will be unconditionally guaranteed by each of the Company's subsidiaries that guarantees or otherwise becomes liable at any time in respect of indebtedness under any Material Credit Facility (as defined in the Purchase Agreement) of the Company or any of its subsidiaries. The Purchase Agreement contains customary covenants, including limitations on liens, investment, distributions, incurrence of debt, fundamental changes, and transactions with affiliates, and will require certain customary financial reports. The Purchase Agreement also includes the following financial covenants, subject to customary qualifications (to be in effect as of the last day of each fiscal quarter): (i) the ratio of total indebtedness to total asset value of the Company and its consolidated subsidiaries will not exceed 60%, (ii) the ratio of total secured indebtedness to total asset value of the Company and its consolidated subsidiaries will not exceed 40%, (
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1 Note Purchase Agreement, dated October 15, 2025, among Empire State Realty OP, L.P., Empire State Realty Trust, Inc. and the purchasers named therein. 104 Cover Page Interactive File (the cover page tags are embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Exchange Act, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. EMPIRE STATE REALTY TRUST, INC. (Registrant) Date: October 16, 2025 By: /s/ Stephen V. Horn Name: Stephen V. Horn Title: EVP, Chief Financial Officer & Chief Accounting Officer EMPIRE STATE REALTY OP, L.P. (Registrant) By: Empire State Realty Trust, Inc., as general partner Date: October 16, 2025 By: /s/ Stephen V. Horn Name: Stephen V. Horn Title: EVP, Chief Financial Officer & Chief Accounting Officer