Filed Pursuant to Rule 433

Dated January 14, 2010

Registration Statement

No. 333-163914

 

SL GREEN REALTY CORP.

 

5,400,000 Shares of 7.625% Series C Cumulative Redeemable Preferred Stock
(Liquidation Preference $25.00 per share)

 

FINAL PRICING TERMS

 

Issuer:

 

SL Green Realty Corp.

 

 

 

Title of Shares:

 

7.625% Series C Preferred Stock

 

 

 

Number of Shares:

 

5,400,000

 

 

 

Maturity:

 

Perpetual

 

 

 

Trade Date:

 

January 14, 2010

 

 

 

Settlement Date:

 

January 20, 2010 (T+3)

 

 

 

Dividend Rate:

 

7.625%

 

 

 

Dividend Payment Dates:

 

January 15, April 15, July 15 and October 15, commencing April 15, 2010

 

 

 

Optional Redemption:

 

Redeemable, at any time, in whole or from time to time in part, for cash at $25.00 per share, plus accrued and unpaid dividends, if any, to the redemption date

 

 

 

Yield (including accrued dividend):

 

8.101%

 

 

 

Yield (excluding accrued dividend):

 

8.127%

 

 

 

Public Offering Price:

 

$23.5300

 

 

 

Purchase Price by Underwriter:

 

$22.7911

 

 

 

Net Proceeds (before expenses):

 

$123,072,151

 

 

 

Underwriting Commission:

 

$3,989,849

 

 

 

Joint Book-Running Managers:

 

Banc of America Securities LLC

 

 

Wells Fargo Securities, LLC

 

 

 

Joint Lead Managers:

 

Citigroup Global Markets Inc.

 

 

Deutsche Bank Securities Inc.

 

 

 

Listing/Symbol:

 

NYSE/ “SLGPrC”

 

 

 

CUSIP:

 

78440X309

 

The issuer has filed a registration statement (including a prospectus) and a preliminary prospectus supplement with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement, the preliminary prospectus supplement and other documents the issuer has filed with the

 



 

SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus and preliminary prospectus supplement if you request it by calling Banc of America Securities LLC toll-free at (800)294-1322 or Wells Fargo Securities, LLC toll-free at (800)326-5897.