SL Green Realty Corp. (NYSE:SLG), New York City's largest commercial landlord, today announced that it has expanded its unsecured corporate credit facility by $250 million, to $2.783 billion, with the addition of two new, high quality banking relationships, Bank of Montreal and Mizuho Bank, Ltd.

The term loan portion of the facility, which matures in June 2019, has been increased from $933 million to $1.183 billion while the revolving line of credit portion of the facility, which matures in March 2020, remains at $1.6 billion.

SL Green Chief Financial Officer, Matt DiLiberto, commented, "We are pleased to welcome Bank of Montreal and Mizuho to the deep roster of premier lenders in our credit facility. This is the third expansion of our credit facility in less than two years, demonstrating lenders' continued confidence in our investment grade, New York City-centric portfolio, which is comprised of a sizeable pool of unencumbered assets. The expansion provides additional, flexible corporate funding on very efficient terms with proceeds to be utilized to reduce other outstanding debt as well as provide incremental liquidity for potential investment activity in the future."

Wells Fargo Securities, LLC; J.P. Morgan Securities LLC; Deutsche Bank Securities Inc., and U.S. Bank National Association are Joint Lead Arrangers of the facility, with Wells Fargo Bank, National Association serving as the Administrative Agent, JPMorgan Chase Bank, N.A. serving as the Syndication Agent and Deutsche Bank AG New York Branch and U.S. Bank National Association serving as Co-Documentation Agents.

About SL Green Realty Corp.

SL Green Realty Corp., an S&P 500 company and New York City's largest commercial landlord, is a fully integrated real estate investment trust, or REIT, that is focused primarily on acquiring, managing and maximizing value of Manhattan commercial properties. As of June 30, 2016, the company held interests in 119 Manhattan buildings totaling 44.7 million square feet. This included ownership interests in 28.1 million square feet of commercial buildings and debt and preferred equity investments secured by 16.7 million square feet of buildings. In addition, the company held ownership interests in 31 suburban buildings totaling 4.9 million square feet in Brooklyn, Long Island, Westchester County, Connecticut and New Jersey. For more information, please visit: http://slgreen.com/.

Forward-looking Statement

This press release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and are intended to be covered by the safe harbor provisions thereof. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that we expect, believe or anticipate will or may occur in the future, are forward-looking statements. Forward-looking statements are not guarantees of future performance and we caution you not to place undue reliance on such statements. Forward-looking statements are generally identifiable by the use of the words "may," "will," "should," "expect," "anticipate," "estimate," "believe," "intend," "project," "continue," or the negative of these words, or other similar words or terms. Forward-looking statements contained in this press release are subject to a number of risks and uncertainties, many of which are beyond our control, that may cause our actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by forward-looking statements made by us. Factors and risks to our business that could cause actual results to differ from those contained in the forward-looking statements are described in our filings with the Securities and Exchange Commission. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of future events, new information or otherwise.

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