Provided By GlobeNewswire
Last update: Aug 6, 2025
NEW YORK, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Global Net Lease, Inc. ("GNL" or the "Company") announced today the $1.8 billion refinancing of its Revolving Credit Facility, extending the maturity date from October 2026 to August 2030 inclusive of two 6-month extension options. The refinancing provides attractive benefits for the Company, including an immediate 35-basis point reduction in interest spread due to improved pricing, increased liquidity and an extended weighted average debt maturity. GNL expects to save approximately $2 million in annual interest due to the improved spread pricing. GNL now has no significant debt maturities until 2027.
Read more at globenewswire.com