Provided By GlobeNewswire
Last update: Aug 6, 2025
– Closed Final Phases of Multi-Tenant Portfolio Sale Completing Transformation into Pure-Play Net Lease REIT
– Reduced Net Debt by $748 Million, and Improved Net Debt to Adjusted EBITDA to 6.6x
– Completed $1.8 Billion Refinancing of Revolving Credit Facility, Lowering Cost of Capital by 35 Basis Points and Extending Weighted Average Debt Maturity to 3.7 Years
– Raises Low End of 2025 AFFO Guidance; New Range of $0.92 to $0.96 Per Share